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For this question only, assume the following facts. On January 1, 2010, Quint failed to pay the note when it came due. The next day,
For this question only, assume the following facts. On January 1, 2010, Quint failed to pay the note when it came due. The next day, Unice, the escrow agent, delivered the deed to Quint Towers to Lorenzo. Lorenzo then properly recorded this deed on January 3. One week later, on January 10, Lorenzo conveyed Quint Towers by warranty deed to Gavin for the purchase price of $200,000. On January 12, Quint tendered the $125,000 balance due to Lorenzo, which he refused to accept. Quint now brings an appropriate action against Lorenzo and Gavin to set aside the conveyance and to permit the redemption of the property by Quint. Which of the following best states Quint's legal rights, if any, in his action against Lorenzo and Gavin? Question 9Select one: a. Quint has no rights against Gavin but Quint does have an action for redemption against Lorenzo for the value of the property. b. Quint has no rights against Lorenzo but Quint does have an action for redemption against Gavin for the value of the property. c. Quint has the option of seeking redemption against either Lorenzo or Gavin for the value of the property but Quint cannot set aside the conveyance. d. Quint has no rights against either Lorenzo or Gavin because he defaulted on the promissory
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