Generally, when may a security interest be perfected in collateral?
a. By the secured party's filing a financing statement in the designated public office.
b. By the secured party's taking or retaining possession of the collateral.
c. Automatically, on the attachment of the security interest.
d. Temporarily, for a period specified by the Code
e. All of these, depending on the type of collateral.
e
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A new machine with a purchase price of $109,000, with transportation costs of $12,000, installation costs of $5,000,and special acquisition fees of $6,000, would have a cost basis of
a. $121,000 b. $132,000 c. $114,000 d. $126,000
________ is a myth that explains the origins of existence
A) Cosmological B) Metaphysical C) Sociological D) Psychological
The ________, a United States regulatory agency, enforces laws and regulations on foods, drugs, cosmetics, and veterinary products. Marketers of pharmaceuticals must get approval from this agency before introducing products to the market
A) Food and Drug Administration B) Environmental Protection Agency C) Federal Communications Commission D) Federal Trade Commission E) Consumer Product Safety Commission
What is a common reason why it might be necessary for a speaker to define new terms or ideas for the audience?
a. The topic is uninteresting, and definitions will make it more exciting. b. The topic is technical and complex. c. Most of the audience speaks a different language. d. Most of the audience has never heard of the topic.