Gina borrows from Hilltop Bank the funds to buy a car. The car secures the debt. Gina defaults on the loan. Hilltop takes possession of the car, planning to sell it to recover some of the unpaid debt. Before Hilltop sells the car or enters into a contract for its sale, Gina can pay the bank what she owes and take back the car. This is
A) a deficiency judgment
B) a floating lien.
C) the right of redemption.
D) the right of retention.
C
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Examples of matching expenses against revenues using the association of cause and effect include all of the following except
A) insurance costs. B) transportation costs for delivery of goods to customers. C) costs of products sold. D) sales commissions.
Baker and McCoy have been in a long-term land dispute. The judge declares that there is little binding evidence to settle the dispute, and suggests they meet with a mediator to talk through their disagreement. Which of the following statements is true regarding the role of the mediator?
A. The opinion offered by the mediator will be legally binding. B. The mediator may offer an opinion, but it will not be legally binding. C. The mediator should not offer an opinion on the dispute. D. The mediator will require the parties to sign a legally binding document at the conclusion of the meeting.
The goal of the ______ style of conflict management is to avoid making a decision at whatever cost. Neither your concerns nor the concerns of the other party need be satisfied.
A. acclimation B. collaboration C. competition D. avoidance
Which of the following are brief, lasting only seconds or minutes, but intense enough to disrupt a person’s thinking?
A. personalities B. moods C. emotions D. habits