Under the UCC, to avoid the problem of constantly issuing new financing contracts every time a business buys more inventory from a supplier, the parties may use:
a. a priority interest
b. a tangible property lien c. a floating lien
d. a perfected lien
e. none of the other choices
c
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Which term refers to the qualitative value of message exposure through a given medium?
A) reach B) turnover rate C) efficiency D) media impact E) frequency
Equity financing does not require:
A. Collateral B. Interest payment C. Equity give-up D. Both A + B
Damien, a first-year law student, offers his services to Mr. Jenkins to help draft his will. Mr. Jenkins agrees to Damien's offer, and promises to pay him $400 for his services. Damien completes the draft of the will
But when Damien goes to collect his payment, Mr. Jenkins refuses payment. Damien knew that he had no legal recourse to enforce the contract. What statute had Damien violated in his contract with Mr. Jenkins? A) revenue-raising statute B) regulatory licensing statute C) usury statute D) ratification statute
Which of the following statements is correct concerning the writing of proposals?
a. Proposals are always directed to an external audience. b. Proposals are only written in response to solicitations or request for proposals. c. A simple price quotation may constitute a proposal. d. All of the above are incorrect.