Hristo Created a Mortgage, in Favour of Tippi, Over a Piece

question 68

Multiple Choice

Hristo created a mortgage, in favour of Tippi, over a piece of land called Blackacre.Which of the following statements is TRUE?

• A)If the mortgage created a charge, Blackacre must be located in a land titles system jurisdiction.
• B)If Hristo is entitled to create a subsequent mortgage, Blackacre must be located in a land titles system jurisdiction.
• C)If the mortgage is enforceable against a subsequent purchaser of Blackacre, Blackacre must be located in a registry system jurisdiction.
• D)If the mortgage was indicated on a certificate of title, Blackacre must be located in a registry system jurisdiction.
• E)Hristo must have purchased Blackacre from Tippi.

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Definitions:

Variables

Elements, characteristics, or attributes that can take on different values and are used in scientific research or statistical analysis.

Stem-and-Leaf Display

A graphical method of displaying quantitative data to assess its distribution, by dividing each data point into a "stem" and a "leaf".

Age

A measure of time that an individual, object, or concept has existed, typically expressed in years.

Frequency Distribution

The representation, either in a graphical or tabular format, of how often each value in a set of data occurs.