If the debtor fails to make payments when due in a secured transaction, the creditor may
repossess the collateral to recover the outstanding amount of the debt.
Indicate whether the statement is true or false
TRUE
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Which of the following types of contracts is created when a party with superior bargaining power imposes unfair terms on the other party?
A. Unconscionable contracts B. Express contracts C. Bilateral contracts D. Executory contracts
Which of the following sentences to employees best explains the reasons for a reduction in a company workforce?
A) Although we would like to retain our current workforce, we have no choice but to reduce the number of employees. B) We did everything possible to prevent this from happening. C) The decision cannot be changed. D) Because of a decrease in sales, the number of employees will need to be reduced, which we know will affect all of you.
The mos undamental source of American law stems from the Declaration of Independence
Indicate whether the statement is true or false
Select a reason why employees resist control systems.
A. Control systems decrease the accuracy of performance data. B. Control systems make employees less accountable for their performance. C. Control systems can change the power structure of the organization. D. Control systems ensure the security of employees. E. Control systems require cooperation between employees.