First Federal loaned Madeline $20,000 to purchase a new van. The van was for Madeline's personal and family use. First Federal's security interest is a purchase money security interest which perfects only upon filing a financing statement
a. True
b. False
Indicate whether the statement is true or false
False
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Indicate whether the statement is true or false
Individual incentives:
A. may motivate undesirable behaviors in the workforce. B. assist in maximizing teamwork. C. do not promote a link between performance and results. D. require less supervision than group incentives. E. are easier to develop than group incentives.
The P/E ratio gives an indication of _____.
A. a firm's debt position B. a stock's dividend yield C. the payback period of a stock D. the par value of a stock E. the maturity value of a stock
Which of the following statements about claim settlement is (are) true?
I. The fair payment of claims requires an insurer to adopt a very liberal claims policy. II. To prevent lawsuits, an insurer should provide no personal assistance to a claimant other than that which is required by contractual obligations. A) I only B) II only C) both I and II D) neither I nor II