If a financing statement in movable property is properly filed and the debtor moves to another state, the security interest remains perfected if the financing statement is filed in the new state within four months of the move

Indicate whether the statement is true or false


True

Business

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Which of the following ethical requirements is the type of responsibility established by the precedents of tort law?

A. Duty to engage in charitable work B. Duty to volunteer for causes related to the environment C. Duty to find employment for employees injured at work D. Duty to not cause avoidable harm to the society

Business

Outstanding checks, deposits in transit, deductions for bank fees, additions for interest, and errors are all factors that can cause the bank statement balance for a checking account to be different from the company's checking account balance.

Answer the following statement true (T) or false (F)

Business

During a recessionary period, which of the following economic behavior would be expected?

A. Consumers would use the majority of their discretionary income on groceries. B. Consumer spending would decrease. C. Consumer use of credit would increase. D. Taxes would increase nationally. E. Property values would jump dramatically.

Business

If a company has a 70 percent debt to total assets ratio, approximately 70 cents of every dollar of

assets is owed to the company creditors. Indicate whether the statement is true or false

Business