Which of the following is true of the equity doctrine?
A) Equity is resorted to when an award of money damages would not be the proper remedy.
B) In an action in equity, a jury decides the equitable issue.
C) An equitable action could be tried with a judge or a jury.
D) The doctrine of equity cannot be applied in contract cases.
A
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When real estate is sold under an installment land contract and the buyer takes possession of the property, the legal title
A) is subject to a purchase money mortgage. B) must be transferred to a land trust. C) is kept by the seller until the purchase price is paid according to the contract. D) is transferred to the buyer.
The larger the gap between expectations and performance of a product, the greater a consumer's dissatisfaction
Indicate whether the statement is true or false