In Order to Purchase an Interest in Piece of Land

question 17

Multiple Choice

In order to purchase an interest in piece of land called Blackacre,Rhiannon borrowed $100 000 from Nick.As security for the repayment of that loan,she entered into a mortgage over a piece of property.Which of the following statements is TRUE?

• A)Blackacre must be the property that is subject to the mortgage.
• B)The transaction must have occurred in a registry system.
• C)Rhiannon must have purchased Blackacre from Nick.
• D)Rhiannon must have purchased the fee simple in Blackacre.
• E)If Rhiannon purchased a life estate in Blackacre,then it is possible that she gave a mortgage over a diamond ring that she owned.

---

Definitions:

Unethical Message

An unethical message is communication that violates moral principles, often involving dishonesty, manipulation, or disrespect towards others.

Legally Required

Refers to actions or procedures that individuals or organizations must follow as mandated by law.

Audience's Understanding

The level of comprehension or grasp that an audience has regarding the information or message being communicated to them.

Business Message

A business message is any form of communication that conveys information, requests, or instructions within or outside a business organization.