Under the Secured Transactions Article of the UCC, for which of the following types of collateral must a financing statement be filed in order to perfect a purchase money security interest?

A. Stock certificates.
B. Promissory notes.
C. Personal jewelry.
D. Inventory.


D. Inventory.

Business

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______ is likely to cause a semantic barrier to communication.

A. Jargon B. Technology C. Gossip D. The grapevine E. Rhetoric

Business

Self-employed individuals interested in contributing to their own tax-deductible pension plan should choose a:

a. 401 (k) b. 403 (b) c. defined contribution plan d. Keogh plan e. Roth IRA

Business

Which of the following statements refers to punitive damages?

A) They are damages in excess of compensatory damages that the court awards for the sole purpose of deterring the defendant and others from doing the same act again. B) They are damages awarded to the party that is injured by a breach of contract but cannot establish actual damages. C) They are damages for nonperformance that are stipulated in a clause in the contract. D) They are damages designed to place the non-breaching party in the position that party would have enjoyed had the terms of the contract been performed.

Business

Commonly regarded advantages of home ownership are the sense of community, stability and security

Indicate whether the statement is true or false

Business