Sterling Bank wants to perfect its security interest in timber owned by Ridgeline Lumber, Inc. Most likely, a financing statement should be filed with
A. the local chamber of commerce.
B. the county clerk.
C. a federal loan officer.
D. the secretary of state's office.
Answer: B
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Without authorization, Rolf contracts on behalf of Sari to have Tige paint the interior and exterior of Sari's house. Sari ratifies the contract. Later, Sari tries to rescind the part of the contract re-lat-ing to the exterior. This attempt will be A) partly successful
B) partly unsuccessful. C) totally successful. D) totally unsuccessful.
A major difference between foreign currency futures contracts and forward contracts is that forward contracts are ________
A) sold by government agencies B) created by banks C) created by writers D) marketed on the over-the-counter market
The strike price of a put option is the price
A) an investor must pay for the options contract. B) of the underlying stock at the time that the options contract is purchased. C) at which the underlying stock can be sold. D) at which the underlying stock can be bought.
In a normal approximation to the Wilcoxon rank sum test, the standardized test statistic value is calculated as z = 1.80 . For a two- tail test, the p-value is:
a. 0.0359. b. 0.4641. c. 0.2321. d. 0.0718. e. 0.1077.