Simeon Owns a Piece of Land Called Blackacre

question 67

Multiple Choice

Simeon owns a piece of land called Blackacre.He has accepted Lola's offer to buy that property.The parties have created an agreement of purchase and sale.Which of the following statements is TRUE?

• A)Since the parties created an agreement of purchase and sale,Blackacre must be located in a registry system jurisdiction.
• B)Since the parties created an agreement of purchase and sale,Blackacre must be located in a land titles jurisdiction.
• C)As long as it includes all of the relevant terms,the agreement of purchase and sale is enforceable even if it is oral.
• D)Specific performance may be awarded with respect to Simeon's obligation to transfer title but not Lola's obligation to pay the price.
• E)Even if a contract for the sale of land is oral,it is effective as long as both parties are willing to perform.

---

Definitions:

Observational Studies

Research methods where subjects are observed in their natural environment without any manipulation by the researcher, used to collect data on behaviors, outcomes, or phenomena.

Laboratory Experiments

Controlled tests conducted in a structured and isolated environment to investigate hypotheses by manipulating variables.

External Variables

Factors outside the individual that can influence their behavior or the outcome of a situation, including environmental, social, or economic conditions.

Independent Variables

Factors in an experiment that are deliberately changed or manipulated to investigate their effects on dependent variables.