A debtor need not sign the financing statement

a. True
b. False
Indicate whether the statement is true or false


True

Business

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All product costs other than direct materials and indirect labor are called overhead

Indicate whether the statement is true or false

Business

Simon Liu is landlord of the location rented by Jones Ltd., which carries on business as a hardware store. Jones is in arrears of rent for 20 days in the sum of $1,000. The store inventory is worth $15,000

On the 21st day Liu changes the locks and seizes the entire inventory. He sells it for $15,000, and pays the balance – after deducting $1,000 for rent and $500 for expenses – to Jones. Was this seizure lawful? A) No, because Liu changed the locks and prevented Jones access to the premises. B) No, because Liu seized an excessive amount in relation to the rent due. C) Yes, because there were rent arrears and more than 15 days had passed. D) Yes, because Liu sold the goods for the best price and his expenses were not excessive. E) both A and B

Business

Wetlands require a permit from the Army Corps of Engineers in order to be filled or dredged

Indicate whether the statement is true or false

Business

The Taguchi Method suggests that quality should be designed into a product, not inspected into it

Indicate whether the statement is true or false

Business