Choose the correct statements
(1) Equitable interests can be settled, mortgaged and disposed of in the same way as legal interest
(2) In case of conflict between equity and law, equity prevails
(3) When equities are equal, that which is first in time will prevail

A. After adjudication by the Court of law B. Before decision by the Court of law C. Both (A) and (B) D. Neither (A) nor (B)

A. The intention of the grantor or testator to dispose of the property which is not his won should be clear B. The grantor or testators must give his own property to the person whose property he has attempted to dispose of by his Will or deed C. Both (A) and (B) D. Either (A) or (B)

A. Salmond B. Maitland C. Winfield D. Snell

A. Both (1) and (2) are true and (2) is the correct explanation of (1) B. Both (1) and (2) are true but (2) is not the correct explanation of (1) C. (1) is true but (2) is untrue D. (1) is untrue but (2) is true