If a buyer and seller decide to rescind a deal after the deed has been recorded, the buyer is to:
a. record a deed of reconveyance.
b. return the deed to the seller in exchange for consideration.
c. record a cancellation of the transaction.
d. provide a new grant deed to the seller.
Answer: d. provide a new grant deed to the seller.
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Kegg’s Cereals Inc. is a major supplier to almost all grocery store chains. It has most of the valuable shelf space in the cereal aisle. Which of the following is true based on this information?
A. There are few entry barriers. B. Government regulation of cereals is high. C. The threat of new entrants is low. D. Competitors have the larger market share. E. Customers have high bargaining power.
Consumers now receive sales offers through direct-mail letters and catalogs, television, cell phones, and the Internet. The nonstore-based retailers are taking business away from store-based retailers
Indicate whether the statement is true or false