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Read the assertion and the reason that follow it and choose the best answer Assertion (A): Ownership subject to condition subsequent is vested ownership. Reason (R): Ownership subject to condition…

Question and options

Read the assertion and the reason that follow it and choose the best answer
Assertion (A): Ownership subject to condition subsequent is vested ownership.
Reason (R): Ownership subject to condition precedent is also vested ownership.
  1. Both (A) and (R) are true and (R) is the correct explanation of (A).
  2. Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  3. (A) is true, but (R) is false.
  4. (A) is false, but (R) is true.

Answer and explanation

Correct answer: C - (A) is true, but (R) is false.
Following Salmond, ownership subject to a condition subsequent is vested (the title is already perfect but may be defeated later), so A is true. Ownership subject to a condition precedent is contingent, not vested, so R is false.

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