Solved

Dave Purchased a Plot of Land That Was Owned by Ron.After

Question 9

Multiple Choice

Dave purchased a plot of land that was owned by Ron.After he purchased the property,Dave discovered that the land contained valuable mineral deposits and quarried them.Ron,who did not know that the land contained valuable minerals at the time of sale,sues Dave to recover the value of the mineral deposits.Under these circumstances:


A) Dave is the owner of the deposits because they became his personal property upon quarry.
B) Dave is the owner of the deposits because the mineral deposits became part of the land under the doctrine of fixture.
C) Ron can recover the fair market value of the mineral deposits because he did not intend to make a gift of personal property under these circumstances.
D) Ron can rescind the sale because Dave is liable for conversion under these circumstances.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents