Which of the following refers to the assets resulting from the exchange or disposal of collateral subject to a security agreement?
A) sale proceeds
B) future advances
C) floating lien
D) after-acquired property
A
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Frosty Inc is an American firm that manufactures and markets a line of ice creams under the brand name Frosty Delight
Together with Magic Bakes, a popular brand of baking mixes and canned frostings, the firm introduces a line of Frosty Magic Bakes, a line of ice cream cake mixes. The new product line, Frosty Magic Bakes, uses the logos of both Frosty Delight and Magic Bakes. This is an example of ________. A) franchising B) cobranding C) pure product bundling D) mixed product bundling E) licensing
GameGo is a publicly traded manufacturer of home electronics. Based on what you have read, which of these actions would be wisest for GameGo's board of directors to take to be sure that the company's new CEO is as motivated as possible?
A. Encourage the CEO to take all of her compensations in stock options, which will motivate her to keep the stock price high. B. Encourage her to emulate Warren Buffett and to take a lower salary than she might command elsewhere. C. Offer the largest bonus possible to prevent the CEO from leaving to go a rival firm. D. Link the CEO's pay to her performance, but avoid high-powered incentives that may cause reckless behavior.
Which of the following statements is (are) true with regard to the adequacy of IRA funds during retirement?
I. To assure lifetime income, the IRA funds can be used to purchase a life annuity. II. The duration of IRA benefit payments depends on the rate of return earned on the invested assets after retirement and the withdrawal rate. A) I only B) II only C) both I and II D) Neither I nor II
Partnership accounting does not:
A. Tax the business entity. B. Allocate net loss to each partner according to the partnership agreement. C. Use a capital account for each partner. D. Allocate net income to each partner according to the partnership agreement. E. Use a withdrawals account for each partner.