A security interest in money may be perfected by

A. filing a financing statement.
B. creating a PMSI.
C. possession only.
D. redemption.


Answer: C

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Manufacturers use each of the following arguments against paying slotting fees, except:

A) they are a form of extortion B) the fees favor new companies C) manufacturers are forced to pay millions of dollars that could be used for advertising, sales promotions, and other marketing efforts D) the fees favor large manufacturers over small manufacturers

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Malicious and destructive programs cause millions of dollars of loss to corporations annually

Indicate whether the statement is true or false

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What is a "new-to-the-world" product, and how does this type of product impact markets and consumer preferences? Use an example to explain this concept.

What will be an ideal response?

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Which of the following would constitute a false advertising according to the Federal Trade Commission?

A) sales talk B) unsubstantiated claims C) minimal commercial speech D) statements of opinion

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