Darling is the secured party in a secured transaction with Elmo. In this transaction, Darling

A. has a security interest.
B. owes payment.
C. owes performance.
D. owns collateral.


Answer: A

Business

You might also like to view...

_____ is an abbreviation of a French phrase meaning "Please reply."

Fill in the blank(s) with correct word

Business

Stock A has an expected return of 12%, a beta of 1.2, and a standard deviation of 20%. Stock B also has a beta of 1.2, but its expected return is 10% and its standard deviation is 15%. Portfolio AB has $900,000 invested in Stock A and $300,000 invested in Stock B. The correlation between the two stocks' returns is zero (that is, rA,B = 0). Which of the following statements is CORRECT?

A. Portfolio AB's standard deviation is 17.5%. B. The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is overvalued. C. The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is undervalued. D. Portfolio AB's expected return is 11.0%. E. Portfolio AB's beta is less than 1.2.

Business

Creating and maintaining supplier relationships is associated with which of the key supply chain processes?

a. Manufacturing flow management b. Demand management c. Supplier relationship management d. Returns management

Business

No implied warranty exists:

A) if it is disclaimed in any manner. B) if it applies to hidden defects that are not apparent upon examination. C) as to defects that an examination ought to have revealed, where the buyer examined the goods as fully as he desired or where the buyer refused to examine the goods. D) as to defects that the seller did not know about.

Business