To be a valid written security agreement, it must:
A) Clearly identify the collateral.
B) Contain the debtor's promise to repay the creditor.
C) Set forth the creditor's rights upon default.
D) All of the above.
D
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The key idea in successful nichemanship is specialization. Which of the following specialists would most closely be identified with the characterization of being an organization that limits its selling to one customer?
A) end-user specialist B) vertical-level specialist C) customer-size specialist D) specific-customer specialist E) quality-price specialist
According to the text, political drivers of globalization include
A. nationalization of much of the industry in formerly communist nations. B. import barriers. C. limitations on foreign direct investment. D. expanded barriers to trade and foreign investment. E. preferential trading agreements.
Bob is 25 years old and has a 40-year-old uncle who has recently entered his second
adolescence. Bob is close to this uncle although the uncle does not provide Bob with any support. Within the past year, Bob's uncle has obtained a divorce, bought a large customized motorcycle, and begun smoking and drinking heavily. In addition, he has begun hanging out in bars known for periodic violence. Bob decides that taking out a life insurance policy on his uncle could be a good investment. In this situation: A) Bob has an insurable interest in his uncle because of the close family relationship. B) Bob does not have an insurable interest because he took out the policy only after his uncle's lifestyle change. C) Bob does not have an insurable interest because the relationship is too remote and he receives no support from the uncle. D) Bob has an insurable interest, but only if he is named in his uncle's will to receive assets from his uncle's estate.
Explain the significance of choosing the right communication channel.
What will be an ideal response?