Use the Fact Situation in Q2 to Answer the Related

question 26

Multiple Choice

Use the fact situation in Q2 to answer the related question that follows. Also in this case,at common law the two sons will be referred to as

• A)lessees.
• B)reversioners.
• C)licencees.
• D)remaindermen.
• E)life tenants.

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Definitions:

Cut Flowers

Flowers that have been cut from the plant and prepared for sale or display.

Estopped

A legal principle that prevents a person from asserting a claim or right that contradicts what they previously stated or agreed to by their actions or failure to act.

Auctioneer

A person who conducts auctions by calling out prices and selling items to the highest bidder.

Estoppel

A legal principle that prevents a party from asserting a claim or right that contradicts what they have previously stated or agreed to by their actions.