Question

Once a document conveying an interest in real property is placed in the public records it is binding on the public, whether or not they make an effort to learn of it. Based on the common law tradition, this policy is known as the:________.
a. Statute of Frauds
b. doctrine of constructive
c. notice habendum clause
d. actual notice

Answer 1

Answer:

B. Doctrine of constructive.

Explanation:

This is seen to execute the idea that everyone that is involved in a business is well aware of the said company's article of association. This constructive notice doctrine usually is seen to guide the company from the actions of outsiders and the doctrine of indoor management is also seen to guide the outsider person from the actions of the company. In most cases, assumptions are made in the sense that the outsider person, who are been involved with the company for business, has gone through these documents. Therefore, outsiders has a duty to be aware of the rules and regulations of the company because they it is available in public record.