Which of the following is true with respect to a mortgage? O A mortgage with respect to real estate is considered an interest in land. O A mortgage is not a contract. O A mortgage is never considered to be an interest in land. O A mortgage is required to be in writing only if it is associated with a pre or post nuptial agreement.
Which of the following is true with respect to a mortgage? O A mortgage with respect to real estate is considered an interest in land. O A mortgage is not a contract. O A mortgage is never considered to be an interest in land. O A mortgage is required to be in writing only if it is associated with a pre or post nuptial agreement.
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter9: Individuals As Taxpayers
Section: Chapter Questions
Problem 14P
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![Which of the following is true with respect to a mortgage?
O A mortgage with respect to real estate is considered an interest in land.
O A mortgage is not a contract.
O A mortgage is never considered to be an interest in land.
O A mortgage is required to be in writing only if it is associated with a pre or post nuptial agreement.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4bbd39da-fde0-43d2-9b83-68ca85b0e547%2F5e42dfc8-841e-4348-a535-b69e4b57a87c%2Fd3ot0fs_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is true with respect to a mortgage?
O A mortgage with respect to real estate is considered an interest in land.
O A mortgage is not a contract.
O A mortgage is never considered to be an interest in land.
O A mortgage is required to be in writing only if it is associated with a pre or post nuptial agreement.
![A therapist agrees to purchase a tract of land from her patient. Which of the following is true?
O Because the therapist has a fiduciary relationship with her patient, there is a presumption of undue influence
that must be overcome.
None of the alternatives are correct
There is no difference between their contract and any other contract.
Because the therapist has a fiduciary relationship with her patient. there is a presumption of duress.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4bbd39da-fde0-43d2-9b83-68ca85b0e547%2F5e42dfc8-841e-4348-a535-b69e4b57a87c%2Fy9uq222e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A therapist agrees to purchase a tract of land from her patient. Which of the following is true?
O Because the therapist has a fiduciary relationship with her patient, there is a presumption of undue influence
that must be overcome.
None of the alternatives are correct
There is no difference between their contract and any other contract.
Because the therapist has a fiduciary relationship with her patient. there is a presumption of duress.
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