Under Revised Article 9 of the UCC, electronic chattel paper may be used as collateral in a secured transaction

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The breakeven formula adjusted for profits may be stated as

a. S = VC – FC + P. b. S = VC – FC – P. c. VC + FC – P = S. d. S = VC + FC + P.

Business

Which of the following is a reason for frustration for marketers moving from a corporate to a nonprofit environment

a. they have too much responsibility for too many programs and people b. they don't have enough responsibility compared to the corporate sector c. processes take longer and management is reluctant to take risks d. they never have enough budget because nonprofits always don't have enough money to do the job e. they are often absorbed by public relations or fund development

Business

The most severe stage of distress is

A. burnout. B. shock. C. back pain. D. job loss.

Business

A corporation whose shares are all held by a single person is a close corporation

Indicate whether the statement is true or false

Business