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A is corrent. Under a notice statute, a subsequent good-faith purchaser, whether s/he records or not, wins over the previous purchaser who did not record before that subsequent purchase. Under a race-notice statute, the subsequent good-faith purchaser wins only if s/he also records first. Therefore, Parko wins under both of these statutes because Nexis was aware of Parko’s purchase, and thus, Nexis was not a good-faith purchaser. Under the race statute, however, Nexis wins because s/he was the first to record. 
B is incorrect. Under a notice statute, a subsequent good-faith purchaser, whether s/he records or not, wins over the previous purchaser who did not record before that subsequent purchase. Under a race-notice statute, the subsequent good-faith purchaser wins only if s/he also records first. Therefore, Parko wins under both of these statutes because Nexis was aware of Parko’s purchase, and thus, Nexis was not a good-faith purchaser. Under the race statute, however, Nexis wins because s/he was the first to record.  
B is incorrect. Under a notice statute, a subsequent good-faith purchaser, whether s/he records or not, wins over the previous purchaser who did not record before that subsequent purchase. Under a race-notice statute, the subsequent good-faith purchaser wins only if s/he also records first. Therefore, Parko wins under both of these statutes because Nexis was aware of Parko’s purchase, and thus, Nexis was not a good-faith purchaser. Under the race statute, however, Nexis wins because s/he was the first to record.  
D is incorrect. Under a notice statute, a subsequent good-faith purchaser, whether s/he records or not, wins over the previous purchaser who did not record before that subsequent purchase. Under a race-notice statute, the subsequent good-faith purchaser wins only if s/he also records first. Therefore, Parko wins under both of these statutes because Nexis was aware of Parko’s purchase, and thus, Nexis was not a good-faith purchaser. Under the race statute, however, Nexis wins because s/he was the first to record.