At an Exchange of Contracts for the Sale of Torrens

question 1

Multiple Choice

At an exchange of contracts for the sale of Torrens title land,which of the following does not take place?

• A)The vendor hands over their certificate of title to the purchaser in return for proof that the purchaser has the financial capacity to buy the land.
• B)Each party hands over a signed and dated copy of the contract to the other.
• C)The vendor and purchaser are represented by a conveyancer.
• D)The purchaser pays a deposit to the vendor.

---

Definitions:

Consequences

Outcomes or results that follow from an action or condition, often with implications for responsibility and decision-making.

Psychoanalytic Theories

A set of theories which focus on the unconscious motivations that shape personality and behavior, originally developed by Sigmund Freud.

Biological Theories

Concepts that explain phenomena or behavior strictly in terms of biological processes and heredity.

John Watson

An American psychologist and one of the founders of behaviorism, known for his theory that human behavior can be studied and modified through conditioning.