Decide the order of priority for the following creditor's and explain why. April 12, 2015 - Wells Fargo mortgage on residential property of Jane Miyamoto is recorded April 30, 2015 - Paddock Pool Company records second mortgage within 10 days of

beginning pool construction May 15, 2015 - Desert Vista Landscaping records lien within 10 days of completing Jane's landscaping May 30, 2015 - Saguaro Fans records PMSI in fans installed in Jane's home nine days after their installation


1.Saguaro Fans - PMSI recorded within 10 days
2.Wells Fargo - Original mortgagee, first in time

3.Paddock - Second mortgage, no priority status

4.Desert Vista - lien, no priority status

Business

You might also like to view...

When a company purchases land with a building on it and immediately tears down the building so that the land can be used for the construction of a plant, the costs incurred to tear down the building should be

a. amortized over the estimated time period between the tearing down of the building and the completion of the plant. b. expensed as incurred. c. added to the cost of the plant. d. added to the cost of the land.

Business

Which of the following is an external influence that affects pricing decisions?

A) the salaries of production management B) competition C) the salaries of finance management D) overall pricing objectives E) the company's overall marketing strategy

Business

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

1. Hofstede's first four dimensions of work values were named individualism–collectivism, power distance, uncertainty avoidance, and masculinity–femininity. 2. In the Schwartz Value Survey, the content of values dimension refers to recognition of people as moral equal. 3. According to Trompenaars' dimensions, in neutral cultures emotion should be held in check and maintaining an appearance of self-control. 4. According to Trompenaars' dimensions, in diffuse cultures individuals separate the private part of their lives from the public. 5. GLOBE dimensions include in-group collectivism which is the degree to which individuals express pride, loyalty, and cohesiveness in their organizations or families.

Business

Discuss the risks taken by large banks and how the Dodd-Frank legislation restricts them

What will be an ideal response?

Business