Samples of exam scores for employees before and after a training class are examples of paired data
a. True
b. False
Indicate whether the statement is true or false
True
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The amount of working capital is more meaningful to users than the current ratio because it provides information on the composition of the current accounts
a. True b. False Indicate whether the statement is true or false
In a condition subsequent, the duty of performance is discharged upon the failure to meet a
condition after the duty has already arisen. Indicate whether the statement is true or false
Millennials are the first generation to be born into the digital revolution of the 20th century
Indicate whether the statement is true or false
Florence borrows $1,500 from Fremont, leaving her gold necklace with Fremont as collateral. Two weeks earlier, Florence had borrowed $1,000 from Corner Bank. Florence signed a security agreement and a financing statement giving Corner Bank a security interest in the same gold necklace. The financing statement is filed in the appropriate location. If Florence defaults on both loans, which creditor has the superior rights to the necklace?
A. Fremont, because his loan was the first to attach. B. Fremont, because possession takes priority over filing. C. Corner Bank, because Fremont did not perfect his interest. D. Corner Bank, because Fremont did not have a written security agreement.