The payment of Eden's debt to Flem is guaranteed by Eden's personal property. This property is
A. a secured party.
B. a secured transaction.
C. a security interest.
D. collateral.
Answer: D
You might also like to view...
What is the purpose of appointing an idea manager?
What will be an ideal response?
Client continuance-related risks do not include which of the following key type of risk?
a. Client entity characteristics. b. Quantitative risk factors. c. Entity organizational or governance risks. d. All of these are key types of client continuance-related risks.
Edward Cheezer's Inc makes and sells frozen four-cheese pizzas, New York-style. The expected selling price is $10 per pizza. The projected variable cost per pizza is $6. The estimated fixed costs per month are $10,000. The number of pizzas that must be sold to obtain a monthly profit of $20,000 is
A) 2,000 pizzas. B) 5,000 pizzas. C) 2,500 pizzas. D) 7,500 pizzas.
________ department will use staff hours worked as a cost driver to determine the allocation base for production departments
a. Cafeteria b. Human resource c. Materials handling d. Accounting