KN
Kenneth Nalvarte
Answers (6)
KN
Answered
If the bank wants to have priority in its loan to the pottery store, how should the bank perfect its interest?
A) The interest is perfected automatically because the collateral are goods.
B) The bank would have to file a financing statement for all items.
C) The bank would have to make a notation on the certificate of title for the van and would have to file a financing statement on the other items.
D) The bank could make a notation on the certificate of title for the van and on the ownership documents of the other items because they are goods used to conduct business.
E) The bank would have to make a notation on the certificate of title for the van, but the other items would be perfected automatically.
A) The interest is perfected automatically because the collateral are goods.
B) The bank would have to file a financing statement for all items.
C) The bank would have to make a notation on the certificate of title for the van and would have to file a financing statement on the other items.
D) The bank could make a notation on the certificate of title for the van and on the ownership documents of the other items because they are goods used to conduct business.
E) The bank would have to make a notation on the certificate of title for the van, but the other items would be perfected automatically.
On Jul 13, 2024
C
KN
Answered
Rae's mortgage payment check is received a day late by Big Bank.Big Bank refuses the check and accelerates the mortgage debt.Rae is unable to pay this demand,and Big Bank brings action to foreclose the mortgage.Discuss what defenses,if any,Rae has to the foreclosure action.
On Jul 11, 2024
Before invoking the acceleration clause,the mortgagee must genuinely believe that the mortgagor will not be able to make good on the debt and that the mortgagee's security interest is,therefore,threatened.In this case,however,Rae's check did arrive-though it was a day late.If the matter lands in court,Rae can argue that Big Bank did not act in good faith,because it refused to accept the payment check despite receiving it.
KN
Answered
The principal of the bond issue is paid back in installments
A) EPS
B) Face value
C) Callable bond
D) Indenture
E) Term bond
F) Convertible bond
G) Serial bond
A) EPS
B) Face value
C) Callable bond
D) Indenture
E) Term bond
F) Convertible bond
G) Serial bond
On Jun 13, 2024
G
KN
Answered
Answer the question on the basis of the following table showing market shares of firms in hypothetical industries.Assume these are distinct industries with no buyer-seller relationships or competition among them. Market Share of Firms in Industry \begin{array}{c}&&\text { Market Share of Firms in Industry }\end{array} Market Share of Firms in Industry
IndustryAlphaBetaCappaDelta12345630302020−−−−8010531125252525−−−−202020201010\begin{array}{c}\begin{array}{lll}\\Industry\\Alpha\\Beta\\Cappa\\Delta\\\end{array}\begin{array}{lll}\\1&2&3&4&5&6\\30&30&20&20&--&--\\80&10&5&3&1&1\\25&25&25&25&--&--\\20&20&20&20&10&10\end{array}\end{array}IndustryAlphaBetaCappaDelta13080252023010252032052520420325205−−1−−106−−1−−10 Refer to the table.The industry with the greatest market power as measured by the Herfindahl index is:
A) Alpha.
B) Beta.
C) Cappa.
D) Delta.
IndustryAlphaBetaCappaDelta12345630302020−−−−8010531125252525−−−−202020201010\begin{array}{c}\begin{array}{lll}\\Industry\\Alpha\\Beta\\Cappa\\Delta\\\end{array}\begin{array}{lll}\\1&2&3&4&5&6\\30&30&20&20&--&--\\80&10&5&3&1&1\\25&25&25&25&--&--\\20&20&20&20&10&10\end{array}\end{array}IndustryAlphaBetaCappaDelta13080252023010252032052520420325205−−1−−106−−1−−10 Refer to the table.The industry with the greatest market power as measured by the Herfindahl index is:
A) Alpha.
B) Beta.
C) Cappa.
D) Delta.
On Jun 11, 2024
B
KN
Answered
The standard amount of materials allowed for the actual output is closest to:
A) 23,310 ounces
B) 23,300 ounces
C) 22,687 ounces
D) 23,940 ounces
A) 23,310 ounces
B) 23,300 ounces
C) 22,687 ounces
D) 23,940 ounces
On May 14, 2024
A
KN
Answered
Consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually has to pay for it.
On May 12, 2024
True