As a result of remodeling services it performed on the site, La Mesa Construction, Inc. files a claim against Sister's Cafe to ensure the payment for its services. This claim would be O a levy. O a gamishment. O a mechanic's lien. O a guaranty.
As a result of remodeling services it performed on the site, La Mesa Construction, Inc. files a claim against Sister's Cafe to ensure the payment for its services. This claim would be O a levy. O a gamishment. O a mechanic's lien. O a guaranty.
Chapter12: Nonrecognition Transactions
Section: Chapter Questions
Problem 27P
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Transcribed Image Text:As a result of remodeling services it performed on the site, La Mesa Construction, Inc.
files a claim against Sister's Café to ensure the payment for its services. This claim
would be
O a levy,
O a gamishment.
O a mechanic's lien.
O a guaranty.
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