A security interest is enforceable only if the collateral is in the secured party's possession.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Outstanding checks, deposits in transit, deductions for bank fees, additions for interest, and errors are all factors that can cause the bank statement balance for a checking account to be different from the company's checking account balance.
Answer the following statement true (T) or false (F)
At the end of the third year of operation, Alger Corporation has total assets equal to $100,000, liabilities totaling $90,000, and contributed capital of $30,000 . What is the balance in retained earnings?
a. $40,000 (Dr) b. $40,000 (Cr) c. $20,000 (Dr) d. $10,000 (Cr) e. $20,000 (Cr)
______ bias has to do with the extent to which cultural groups systematically choose the extreme points or the middle points on rating scales.
Fill in the blank(s) with the appropriate word(s).
Effervescent Soda Bottling Company is
A. a chain-style franchise. B. a distributorship franchise. C. a manufacturing franchise. D. no franchise.