A(n) ________ refers to a security interest in property that was not in the possession of the debtor when the security agreement was executed.
A. floating lien
B. after-acquired property
C. attachment
D. future advance
Answer: A
You might also like to view...
Which of the following is not true regarding the underground economy?
A. On average, for the 2000 to 2012 time period, it is estimated that the underground economy accounted for between 16 and 17 percent of GDP in OECD countries. B. The underground economy is estimated to have exceeded 60 percent in Bolivia, Panama, and Zimbabwe. C. On average, for the 2000 to 2012 time period, it is estimated that the underground economy accounted for between 30 and 50 percent of GDP in emerging economies. D. Large underground economies can create problems for public policy makers. E. The underground economy in the United States decreased from 8 percent of GDP in 1970 to less than 4 percent in 2003.
Examples of revenue accounts include all of the following except:
a. Delivery Fees. b. Wages. c. Professional Fees. d. Sales. e. Medical Fees.
Barbara, a skilled welder, was hired at Mainco Enterprises for a welding position. She was asked to sign a noncompete clause limiting future employment if she left Mainco. A court would be very likely to enforce the noncompete clause unless the time or geographic restriction is unreasonable
a. True b. False Indicate whether the statement is true or false
Representatives of the Tourism Board of Arkansas visited state welcome centers and asked visitors to the state, "What is your reason for coming to Arkansas?" This would be an example of a(n) _____ question.
A. scaled-response B. Likert scale C. open-ended D. dichotomous E. multiple choice