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:

Interposition

A visual cue for depth perception that occurs when one object partly blocks another; it can provide information about the relative positions and distances of objects in space.

Bottom-Up Processing

Information processing in which individual components or bits of data are combined until a complete perception is formed.

Top-Down Processing

Information processing in which previous experience and conceptual knowledge are applied to recognize the whole of a perception and thus easily identify the simpler elements of that whole.

Signal Detection

A technique used to identify the presence or absence of a stimulus amidst background noise.