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Question
The Ontario Court of Appeal decided the case of Lawrence v Maple Trust Co & Write (2007) 51 RPR (4") 1 on the basis of the deferred indefeasibility approach. What is the policy justification for this approach? What is the policy justification for the immediate indefeasibility approach? Which approach do you think should be preferred? Please give your answer through a discussion of the pros and cons of the alternative approaches from the perspective of, inter alia, public policy.
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