Which of the following is true of a collateral note?
A) The collateral cannot consist of stocks or bonds.
B) It is a note secured by a third person's guarantee.
C) It is a note secured by personal property.
D)The collateral cannot consist of some tangible personal property.
C
You might also like to view...
Your online presence is
A) your private property. B) a career-management tool. C) only available to your friends. D) protected by privacy laws. E) irrelevant to potential employers.
The equation that will provide the breakeven point in units (SP = selling price) is
a. BE units = (SP – VC) ÷ FC per unit. b. VC per unit + FC = SP per unit ? BE units. c. BE units = FC ÷ CM per unit. d. SP per unit – VC per unit = FC ÷ BE units.
Keenan asked his three other roommates to “meet in the middle” with some of their roommate living expectations. He felt they could find some common ground if everyone gave up a few of their expectations. What conflict style is Keenan exercising?
A. avoiding B. accommodating C. compromising D. collaborative
Civil law is based on
A. a collection of codes and tends to be bureaucratic. B. an adversarial understanding of the law. C. precedents found in judgments made by judges. D. codes combined with any religious law in the area.