Delores Del Rio bought a packing machine for her business from Ace Machines and paid cash on delivery. Ace had previously given a chattel mortgage on the machine to the bank, which had registered it under the Personal Property Security Act
A bailiff tried to repossess the machine on behalf of the bank. Which of the following is TRUE?
A) The chattel mortgage is not effective because Delores paid for the machine in full.
B) The chattel mortgage is not effective because Delores did not know of it when she purchased the machine.
C) The chattel mortgage is effective
D) You cannot register a chattel mortgage under the PPSA
E) Both A and B
C
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Which of the following criteria provides a measure of market attractiveness in the Boston Consulting Group approach?
A) relative market share B) market sentiment C) return on marketing investment D) market growth rate E) brand image
Pickrel Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per MonthVariable Element per Well ServicedRevenue $5,500Employee salaries and wages$53,700 $1,300Servicing materials $600Other expenses$34,400 ?When the company prepared its planning budget at the beginning of November, it assumed that 27 wells would have been serviced. However, 31 wells were actually serviced during November.?The amount shown for "Servicing materials" in the planning budget for November would have been closest to:
A. $16,200 B. $18,600 C. $16,548 D. $19,000
What remedies can an employee seek under the Fair Labor Standards Act?
Which INCOTERM is used when the main carrier is paid by the exporter?
a. C b. D c. E d. F