When a consumer debtor completely fulfills all debts and obligations secured by a financing statement, he or she is entitled to a:

A. statement of benefits.
B. statement of claims and defenses.
C. continuation statement.
D. termination statement.


Answer: D

Business

You might also like to view...

Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson, Peter Austin, is preparing the approach he will use during his first sales call with the CEO of Diamonite, a company that specializes in designing, manufacturing, and installing aircraft interiors for executives and heads of state."Hi, I'm Peter Austin from Clearwater Hampers. How would you like to give your clients a unique gift that will clearly demonstrate

your gratitude for their business?" Austin's question suggests that he is using the ________ approach. A. premium B. customer benefit C. FAB D. interrogatory E. showmanship

Business

Janet is considering the purchase of a condo for $150,000 during a recession phase, partly financed by a mortgage. She is due to retire in a few years. If she cannot make her mortgage payments on time, she is bound to incur a:

A. neutral equity on her property. B. reduced residual value of the property. C. higher rent ratio. D. foreclosure of her house. E. fine from the local government.

Business

Which of the following is an example of massive kinked bonus?

a. A sponsor rewarding an athlete only in the case of victory at an event b. An organization that gives a one piece-rate wage for all units produced irrespective of employee productivity c. A sponsor rewarding an athlete for participation in an event d. An organization rewarding an employee for referring someone who is later hired

Business

When a communicator substitutes a bland or less direct expression to refer to a word that is not often used publicly, such as words associated with sexual relations or bodily functions, the communicator is using a (n) ______.

A. euphemism B. slang C. proverb D. metaphor

Business