Why Was the Register Altered in Baxter V

question 15

Multiple Choice

Why was the register altered in Baxter v. Mannion?

• A) The 'adverse possessor' had not in fact been in adverse possession for 10 years
• B) It was unfair for the adverse possessor to be registered as proprietor because the paper owner had been ill
• C) The adverse possessor had promised the paper owner that they would not apply to be registered as proprietor
• D) The register was not altered because the guarantee in section 58 meant that the adverse possessor had guaranteed freehold title

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from revenues.

Non-Controlling Interest

A stake in a corporation that is owned by investors who are not affiliated or connected with the parent company, representing a portion of equity ownership in a subsidiary not wholly owned by the parent.

Non-Controlling Interest

A stake in a company that is less than 50%, meaning the investor does not have a majority control.

Preference Shares

Shares which have rights to dividends that are paid out before dividends to common shareholders and may have priority over common shares in the event of liquidation.