The Phrase "Nemo Dat Quod Non Habet

Multiple Choice

The phrase "nemo dat quod non habet "

A) applies to real property, but not to personal property.
B) is generally ineffective with respect to money.
C) applies only in equity.
D) is a concept that arises only in insurance law.
E) means that a person who has possession of property under a bailment must use reasonable care.