Which Is True of an Equitable, but Not a Legal

question 29

Multiple Choice

Which is true of an equitable, but not a legal, interest in land?

• A)It is an interest in property that is recognised by equity.
• B)It is an interest in property established by the common law.
• C)It can be protected by a caveat.
• D)It is recorded on the title.

---

Definitions:

Voidable Policy

A contract or insurance policy that can be declared invalid by one of the participating parties due to certain conditions not being met or misrepresented.

Station in Life

A term referring to one's social position or status, often considered in legal contexts to assess appropriateness of actions or compensation.

Necessary for Minor

Refers to goods or services deemed essential for the wellbeing and development of a minor, which they can contract for.

Court Consideration

The factors or evidence that a court takes into account when making a decision on a case.