Florence borrows $1,500 from Fremont, leaving her gold necklace with Fremont as collateral. Two weeks earlier, Florence had borrowed $1,000 from Corner Bank. Florence signed a security agreement and a financing statement giving Corner Bank a security interest in the same gold necklace. The financing statement is filed in the appropriate location. If Florence defaults on both loans, which creditor
has the superior rights to the necklace?
a. Fremont, because his loan was the first to attach.
b. Fremont, because possession takes priority over filing.
c. Corner Bank, because Fremont did not perfect his interest.
d. Corner Bank, because Fremont did not have a written security agreement.
b
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Brenda was planning a small dinner party, and had gone to a new specialty food store with coupons she'd found in the food section of the paper. At the store she also found a "buy one, get one free" deal, and a gift offered with the purchase of a particular dessert. She altered the menu as a result of the ________ and ended up spending less than she'd planned.
A. store atmosphere B. packaging C. in-store promotion D. in-store demonstrations E. product placement
What are some of the guidelines to an employee seeking a mentor?
What will be an ideal response?
What advice should investors heed if markets are efficient?
A) You can earn abnormally large returns by frequently buying and selling whenever you obtain new information. B) The best-informed traders always beat the market. C) Mutual funds run by expert managers consistently outperform index funds. D) Random stock picks will perform as well as a series of hot stock tips over long periods of time. E) Fundamental analysis is superior to technical analysis.
When we form an equally weighted portfolio of stocks and keep increasing the number of stocks in the portfolio, the volatility of the portfolio also increases
Indicate whether this statement is true or false.