Property used to secure repayment of a loan is known as

a. lien property.
b. secured property.
c. collateral.
d. judgment property.


C

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An arrangement in which a third party promises to be primarily liable with the borrower for the payment of the borrower's debt is referred to as a(n) ________

A) garnishment B) accommodation C) surety arrangement D) guaranty arrangement

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The goal of the ________ problem is to maximize the amount of flow of items from an origin to a destination

Fill in the blank with correct word.

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The Dean's laissez faire attitude hit its zenith when he had missed five department chair meetings in a row despite the pressing needs of the MBA Curriculum Revision Team

No one was sure what to do so they did nothing, and the MBA program remained as it had always been as the revision team slunk back to their offices. If only there had been: A) Better leadership, the project might have succeeded. B) Less turnover among project members, the project might have succeeded. C) A clear goal, the project might have succeeded. D) More motivation among team members, the project might have succeeded.

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African American employees brought filed suit under Title VII of the Civil Rights Act of 1964, challenging the employer's requirement of a high school diploma as a condition of employment at a power plant because it had the effect of disqualifying minorities from employment at a higher rate than others. Which of the following statements is TRUE?

a. The employees are alleging disparate treatment discrimination. b. The employees are alleging disparate impact discrimination. c. There is no violation of Title VII because the criterion for employment, a diploma, is neutral and required of everyone. d. If an employment practice operates to exclude minorities it is illegal, even if it is related to job performance and considered a business necessity.

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