Quantum Financial Corporation is a secured party with a security interest in property owned by Revolving Sales Company. Perfection of this security interest may not protect Quantum against the claim of

A. a bank.
B. a buyer in the ordinary course of business.
C. a subsequent lien creditor.
D. a trustee in bankruptcy.


Answer: B

Business

You might also like to view...

Maria just purchased a new cell phone and is struggling to understand how to download apps. Juan, Maria’s son, has been downloading apps for years and teaches his mother how to do so. According to the text, Juan can be considered a ______, while Maria can be considered a ______.

a. tech savant; novice b. digital instructor; digital learner c. digital native; digital immigrant d. digital immigrant; digital native

Business

When a copy of the receiving report arrives in the purchasing department, it is used to

a. adjust perpetual inventory records b. record the physical transfer of inventory from receiving to the warehouse c. analyze the receiving department's process d. recognize the purchase order as closed

Business

Managers need to ________ so that employees will discuss problems in meeting goals, rather than resorting to unethical and possibly illegal behavior.

A. keep the lines of communication open B. maintain accurate records of employee performance results C. incentivize employees to achieve goals at all costs D. penalize employees for failure to achieve goals E. lavishly reward high achievers

Business

Macro-marketing emphasizes how the whole marketing system works.

Answer the following statement true (T) or false (F)

Business