Which of the Following Is True with Regard to Real

question 184

Multiple Choice

Which of the following is true with regard to real property law?

• A) The essential characteristic of an estate in land is that the owner of the estate, whether it is a fee simple, life estate, or leasehold, has exclusive possession.
• B) A true interest less than estate, whether properly registered or not, runs with the land and therefore is an exception to the privity of contract rule.
• C) A profit à prendre is a type of restrictive covenant attaching to all the properties within a particular development plan.
• D) An easement acquired by prescription must be restrictive in nature to be binding on subsequent purchasers of land.
• E) A contract for land in which a person sells the property with a restriction that the new owner not sell to any person of a certain race cannot be challenged by the courts because it is a restrictive covenant that runs with the land.

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Definitions:

Likert Scale

A psychometric scale commonly used in questionnaires to collect responses on how much individuals agree or disagree with a particular statement.

Dichotomous

Refers to something divided or dividing into two parts or classifications, often seen in data collection methods where responses are binary.

Household Demographic

Information about the characteristics of individuals living in a household, such as age, income, education level, and employment status.

Fast-Food Market

The sector of the food industry that specializes in providing quick service and convenient food options to consumers.