Which of the Following Is True with Regard to Real

question 22

Multiple Choice

Which of the following is true with regard to real property law?

• A) The essential characteristic of an estate in land is that the owner of the estate, whether it is a fee simple, life estate, or leasehold, has exclusive possession.
• B) A true interest less than estate, whether properly registered or not, runs with the land and therefore is an exception to the privity of contract rule.
• C) A profit a prendre is a type of restrictive covenant attaching to all the properties within a particular development plan.
• D) An easement acquired by prescription must be restrictive in nature to be binding on subsequent purchasers of land.
• E) A contract for land in which a person sells the property with a restriction that the new owner not sell to any person of a certain race cannot be challenged by the courts because it is a restrictive covenant that runs with the land.

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Definitions:

Political Machines

Political organizations led by a boss that exert a strong influence on the politics of urban areas by providing services in exchange for votes.

Mass Entertainment

Forms of entertainment designed to appeal and be accessible to a large audience, including movies, television, concerts, and sporting events.

Corporate Consolidation

The process where companies merge or are acquired, leading to a reduction in the number of companies in an industry and often increasing the market power of the remaining firms.

Work Force

The total number of a country's population who are employed or actively seeking employment.