Under the Secured Transactions Article of the UCC, which of the following security agreements does NOT need to be in writing to be enforceable?

A. A security agreement collateralizing a debt of LESS than $500.
B. A security agreement where the collateral is highly perishable or subject to wide price fluctuations.
C. A security agreement where the collateral is in the possession of the secured party.
D. A security agreement involving a purchase money security interest.


C. A security agreement where the collateral is in the possession of the secured party.

Business

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Business buyer behavior refers to the ________

A) buying behavior of consumers who buy goods and services for personal consumption B) buying behavior of the organizations that buy goods and services for use in the production of other products and services that are sold, rented, or supplied to others C) buying behavior of consumers who rely on small retailers for the regular supply of provisions D) decision process by which business buyers determine which products and services their organizations need to purchase E) strong affinity of businesses for value-for-money deals

Business

Which of the following is true regarding the investing activities of charitable organizations?

a. are not similar to business firms b. acquire productive capacity (for example, buildings) to carry out their activities c. issue common stock d. issue bonds e. issue preferred stock

Business

What may help organizations defend themselves in a lawsuit involving employment practices?

A. environmental scanning B. supply forecasts C. demand forecasts D. personnel policies E. job analysis

Business

In recent years, the courts have unanimously reinforced the common law doctrine of employment at will

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

Business