If the proceeds of sale of collateral are not sufficient to satisfy the debt, then the creditor is usually entitled to a:
A. future advance.
B. warehousing arrangement.
C. fixture filing.
D. deficiency judgment.
Answer: D
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The probabilities shown in a table with two rows, and
and two columns,
and
src="https://sciemce.com/media/4/ppg__cognero__Chapter_05_Probability_and_Probability_Distributions__media__8a365dac-d134-400d-9100-cffa24da9761.PNG" height="24px" width="20px" style="vertical-align:-8px;" />, are as follows: P( and
) = 0.10, P(
and
) = 0.30, P(
and
) = 0.05, and P(
and
) = 0.55. Then P(
|
), calculated up to two decimals, is
A. 0.33.
B. 0.35.
C. 0.65.
D. 0.67.
Cash dividends become a liability to a corporation on the date of record
Indicate whether the statement is true or false
Which of the following U.S. laws prohibits payments to foreign officials for the purpose of obtaining or retaining business?
A) Sarbanes-Oxley Act of 2002 B) Foreign Corrupt Practices Act of 1977 C) USA Patriot Act of 2001 D) Personal Responsibility and Work Opportunity Act of 1996
Which of the following is NOT consistent with level scheduling?
A) varying the use of subcontracting B) finding alternative work for employees during low-demand periods C) using built-up inventory to meet demand requirements D) varying production levels and/or work force to meet demand requirements E) All of the above are inconsistent with the pure level strategy.