Opal Conveys Three Acres of Wetlands to Pristine Places,Inc

question 25

Multiple Choice

Opal conveys three acres of wetlands to Pristine Places,Inc. ,with a deed that warrants only that Opal held good title during her ownership of the property.This deed is

• A)a grant deed.
• B)a quitclaim deed.
• C)a special warranty deed.
• D)a warranty deed.

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Definitions:

Disclosed Principal

In an agency relationship, a principal whose identity is known to the third party at the time of entering into a contract with the agent.

Partially Disclosed Principal

A situation in an agency relationship where the third party knows of the agent's existence but not the identity of the principal.

Respondeat Superior

A legal doctrine that holds an employer or principal legally responsible for the wrongful acts of an employee or agent, when such acts occur within the scope of employment or agency.

Power Will Terminate

The condition under which an entity's or individual's authority or ability to make decisions will come to an end.