Suppose that First Interstate had loaned O money for the purchase of a Solar Water Heating system. O purchased the system on February 1, 2015. He installed the system on February 9, 2015. First Interstate filed a financing statement on February 8, 2015. Who has priority in the solar system?
A) First Federal
B) First Interstate
C) The Solar Company
D) None of the above
B
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Ashton noticed that his company always reacted to destructive behaviors rather than sought to prevent destructive behaviors. This suggests that Ashton is working for which kind of organization?
A. ethically decoupled B. ethically transformed C. missional D. insular
Which of the following defenses by a surety will be effective to avoid liability?
a. Lack of consideration to support the surety undertaking. b. Insolvency in the bankruptcy sense of the debtor. c. Incompetency of the debtor to make the contract in question. d. Fraudulent statements by the principal debtor that induced the surety to assume the obligation and that were unknown to the creditor.
A building was purchased for $50,000. The asset has an expected useful life of six years and depreciation expense each year is $8,000 using the straight-line method. What is the residual value of the building?
A. $0. B. $4,000. C. $6,000. D. $2,000.
1-Commitment to avoid pollution, 2-identify all aspects of a business (activity, products, Srvs, that could have an impact on the environment, 3-Set performance objectives & targets to link back to three policies: prevention, continued improve & compliance)4-meet objectives incl training 5-Conduct audit 6-take colorectal action
What will be an ideal response?