Supermarket chain Reynold's is considering making a switch to stocking almost exclusively private-label products in order to offer customers the lowest prices
Offer reasons why Reynold's should think twice before opting to stock exclusively private-label products.
Student answers may vary.
Reynold's should think twice about opting for private-label products because consumers prefer certain national brands, and many product categories are not feasible or attractive on a private-label basis.
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A carpenter installs a new wood floor in a home. The owners refuse to pay for the floor and the carpenter files a mechanics lien. The mechanics lien:
a. takes effect when recorded. b. is derived from federal statute. c. reverts back to the date work commenced on the home. d. none of the above.
Jacobson deeds property to Keene, who neither records her deed nor takes possession of the property. Jacobson later deeds the same property to Linder, who records his deed and takes possession of the property. Linder is not aware of the earlier conveyance to Keene. Who holds legal title to the property?
A) Jacobson, because Keene did not record her deed B) Keene, because Keene's deed is dated first. C) Linder, because his deed was recorded first. D) Keene and Linder as tenants in common, because the form of ownership was not specified in the deed.