The Effect of Section 13 Settled Land Act 1925 Is

question 17

True/False

the effect of section 13 Settled Land Act 1925 is to prevent people from trying to get round the requirement that there be a vesting deed by ensuring that it is impossible to deal with the land where there ought to have been a vesting deed.

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Definitions:

Common Stock

Type of security that signifies ownership in a corporation and represents a claim on part of the company's profits and assets.

Dividends

Disbursements issued by a company to its shareholders, representing a share of the company's earnings distributed to its stockholders.

Cash Dividend

A cash dividend refers to the distribution of a portion of a company's profits to its shareholders as cash.

Common Stock

Equity shares that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.