An appliance store sells a television set to Adam for $750 on a conditional sales contract, reserving a security interest in the set until Adam has paid for it. The store does not file a financing statement but relies on attachment for perfection. Adam later borrows money from a credit union and gives it a security interest in the television set. The credit union does not perfect the security interest. Adam defaults on his loans and the credit union tries to claim the set. Under these circumstances, ________.
A. the appliance store cannot claim the set as they relied on attachment for perfection
B. neither the appliance store nor the credit union can claim the set
C. the credit union has a better claim to the set than does the appliance store
D. the appliance store has a better claim to the set than the credit union
Answer: D
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On January 1, 2018, Como Company purchased 45% of the outstanding common shares of the Lite Company for $200,000. The net assets of Lite Company totaled $400,000. The inventory had a book value of $100,000 and a fair value of $120,000. Excess cost attributable to inventory is written off in 2018. During 2018, Lite Company earned $200,000 and declared a dividend of $40,000 for the year.The carrying value of the Lite investment at the end of 2018 is
A. $263,000 B. $272,000 C. $200,000 D. $290,000
An orientation program is training designed to prepare employees to perform their jobs effectively, learn about the organization, and establish work relationships.
Answer the following statement true (T) or false (F)
Foreign investments may take the form of minority or majority shares in joint ventures, minority or majority equity stake in another company, or outright acquisition
Indicate whether the statement is true or false
The nonengagement strategy, or ________, may serve a number of strategic negotiation purposes.
Fill in the blank(s) with the appropriate word(s).