What Was the Result in Cunningham V

question 95

Multiple Choice

What was the result in Cunningham v.Hastings,where two unmarried people purchased a home as joint tenants,one party made the down payment,and there was a dispute regarding whether that party was entitled to a larger portion of the proceeds when the house was sold,in order to compensate for the down payment?

• A) Because the parties were unmarried, the party who made the down payment received a larger portion of the proceeds from the sale, to account for the down payment.
• B) Regardless of whether the parties were married, the party who made the down payment received a larger portion of the proceeds from the sale, to account for the down payment.
• C) Because the parties were unmarried they could not own the property as joint tenants, and under principles of equity, the party who made the down payment received a larger portion of the proceeds from the sale to account for the down payment.
• D) Because the parties were unmarried, they owned the property as tenants by the entirety, and the party who made the down payment was denied a larger share of the sale proceeds to account for the down payment.
• E) Because the parties owned the property as joint tenants, the party who made the down payment was denied a larger share of the sale proceeds, to account for the down payment.

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Definitions:

Means-tested Income Transfers

Financial transfers or benefits given to individuals or families whose income falls below a certain level, aimed at reducing poverty and income inequality.

Transfer Recipients

Individuals or entities that receive benefits or payments from government programs without providing goods or services in return.

Samaritan's Dilemma

A dilemma faced by a benefactor who must decide the extent of assistance to a beneficiary, knowing that too much help can lead to dependency.

Transfer Programs

Government initiatives designed to redistribute income through mechanisms like subsidies, grants, or social assistance to support various segments of the population.