In Which of the Following Situations Does a Tenant Not

question 13

Multiple Choice

In which of the following situations does a tenant not have to give notice to the trustees of the settlement under the Settled Land Act 1925?

• A) Sale
• B) Grant of an option
• C) Rebuilding works on the land
• D) Grant of a charge in return for money where the money lent is less than the value of the property

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Definitions:

Good

A tangible product or item that satisfies some human want or need.

Equilibrium Quantity

The quantity of goods or services supplied is exactly equal to the quantity demanded at the market price.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at a given price.

Tax Revenue

Income that is gained by governments through taxation, used to fund public services and government obligations.