Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1, A licence grants or gives exclusive possession of land a) never b) always c) sometimes d) depending 2, A pledge of goods is: a)

1, A licence grants or gives exclusive possession of land a) never b) always c) sometimes d) depending

2, A pledge of goods is: a) a promise to provide a wedding ring; b) the pawning of goods for a fixed period of time; c) the storing of goods; or d) the lending of money

3, A unregistered lease of land: a) does not create a landlord and tenant relationship; b) creates a legal estate in land; c) creates an equitable estate in land; or d) creates a possessory interest in land.

4, An unconscionable mortgage of an estate in land: a) follows the common law contractual rules of unconscionability b) allows the mortgagor to recover damages only from the mortgagee; c) should be set aside in equity for unconscionability; or d) can never be a contract because it is an interest in land.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Text and Cases

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

11th Edition

324655223, 978-0324655223

More Books

Students also viewed these Law questions

Question

10 examples of internal and external accounting

Answered: 1 week ago

Question

=+How does it affect the steady-state rate of growth?

Answered: 1 week ago