Metro Finance Co. lends $100,000 to Joe Simms with a mortgage on his house as security. Simms defaults. Which of the following remedies, if any, does MetroFinance NOT have available to it?
A) sue on the covenant
B) apply for sale of the property under judicial supervision
C) apply for court order foreclosing Simm's interest in the property
D) take possession of the property
E) It can do any of the above.
E
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The terms of trade is given by the prices
a. paid for all goods imported by the home country. b. received for all goods exported by the home country. c. received for exports and paid for imports. d. of primary products as opposed to manufactured products.
The Victory Wireless store in Denver is currently offering a fabulous marketing strategy for potential new iPhone customers. Victory Wireless offers customers who purchase an iPhone with a two-year subscription a free Otter phone case, car charger, ear phones, and speakers. In terms of Porter's Five Forces what is Victory Wireless attempting to achieve with this marketing strategy?
A. Decrease buyer power B. Increase substitute products C. Decrease supplier power D. Increase buyer power
Trovato Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $51,840. The profitability index of the project is closest to (Ignore income taxes.):
A. 1.08 B. 0.08 C. 0.92 D. 0.07
_____ promotion is designed to stimulate a purchase or an action
a. Connective b. Reminder c. Informative d. Persuasive