A financing statement that does not have the debtor's exact name should still be effective because creditors
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
What is important in secured transactions is that creditors should be able to attempt to be mad...View the full answer
Answered By
Ashish Bhalla
I have 12 years work experience as Professor for Accounting, Finance and Business related subjects also working as Online Tutor from last 8 years with highly decentralized organizations. I had obtained a B.Com, M.Com, MBA (Finance & Marketing). My research interest areas are Banking Problem & Investment Management. I am highly articulate and effective communicator with excellent team-building and interpersonal skills; work well with individuals at all levels.
4.80+
17+ Reviews
46+ Question Solved
Related Book For
Business Law Text and Cases
ISBN: 978-1337374491
14th edition
Authors: Kenneth W. Clarkson, Roger Miller, Frank B. Cross
Question Posted:
Students also viewed these Business Law questions
-
Muska borrowed money from the Bank of California and secured the loan by giving the bank a security interest in equipment and machinery at his place of business. To perfect the interest, the bank...
-
Mike Thurmond operated Top Quality Auto Sales, a used car dealership. Top Quality financed its inventory of vehicles by obtaining credit under a financing arrangement with Indianapolis Car Exchange...
-
Suppose that Bartons contract for the office computers mentioned only the name Brighton Homes. What would be the consequences if KDM Electronics filed a financing statement that listed only Brighton...
-
Selected data from a February payroll register for Halverson Company are presented below. Some amounts are intentionally omitted. FICA taxes are 7.65%. State income taxes are 4% of gross earnings....
-
Locate the centroid of the beam?s cross-sectional area and then determine the moments of inertia and the product of inertia of this area with respect to the u and v axes. 0.5 in., 4.5 in 4.5 in 0.5...
-
In Exercises use the Limit Comparison Test to determine the convergence or divergence of the series. n=1 n (n + 1)2n-1
-
A particular cyclist can produce an average power output of \(180 \mathrm{~W}\) when cycling on level ground. While doing this, their speed is \(9.5 \mathrm{~m} / \mathrm{s}\). What is the magnitude...
-
ABC, product costing at banks, cross-subsidization. First International Bank (FIB) is examining the profitability of its Premier Account, a combined savings and checking account. Depositors receive a...
-
10.Carp Co has announced that it will pay an annual dividend equal to 55% of earnings. Its earnings per share is $0.80, and it has ten million shares in issue. The return on equity of Carp Co is 20%...
-
A U.S. company owns an 80% interest in a company located on Mars. Martian currency is called the Martian Credit. During the year the parent company sold inventory that had cost $24,000 to the...
-
How do online escrow services reduce Internet fraud?
-
Why, as a general rule, should a court apply the law that is in effect at the time the court renders its decision? Suppose that Anderson had filed his initial bankruptcy petition under Chapter 7, not...
-
The Kroger Company, a Cincinnati-based supermarket chain, operates nearly 2,500 stores throughout the United States. The company's annual report for the fiscal year ended January 28, 2012, contained...
-
Your web design start-up has been commissioned to create a distinct profile page for a client. You have told your team to visit the profile pages of three of the clients competitors. Analyze the...
-
You and your tutoring team (see the previous case) know you should take advantage of every social media platform to inform potential clients about your new company. Your task With the same team as in...
-
As a team or department leader, what steps can you take to ensure that your meetings are successful and efficient?
-
Write a brief evaluation of the following secondary information sources: A well-known popular daily financial newspaper A well-recognized global market research organization with a reputation for...
-
The anniversary date of the founding of the first store in the chain where you work as marketing manager is coming up. Across the globe, the chain has 186 stores with just over 322,000 customer...
-
At December 31, 2018, Christianson Cabinets owes $5,700 on accounts payable, plus salaries payable of $3,200 and income tax payable of $7,000. Christianson Cabinets also has $280,000 of notes payable...
-
Velshi Printers has contracts to complete weekly supplements required by fortysix customers. For the year 2018, manufacturing overhead cost estimates total $600,000 for an annual production capacity...
-
Could Yocca and the other plaintiffs have plausibly argued that the terms of the SBL brochure must have been integrated within the SBL agreement because those terms were needed to define and describe...
-
On May 1, by telephone, Yu offers to hire Benson to perform personal services. On May 5, Benson returns Yus call and accepts the offer. Discuss fully whether this contract falls under the Statute of...
-
Mallory promises a local hardware store that she will pay for a lawn mower that her brother is purchasing on credit if the brother fails to pay the debt. Must this promise be in writing to be...
-
Suppose that the net income view were to be correct in Problem 1. Describe a profitable investment strategy for investors in the companys bonds and equity if the company were to reduce its debt. What...
-
A piece of land in Ottawa with an area of 0.5 square kilometers is priced at 5200 Canadian dollars. If there are 0.9955 Canadian dollars per (U.S.) dollar, then what is the price in dollars per...
-
Marc and Mikkel are married and file a joint tax return. Marc and Mikkel earned salaries this year of $ 6 6 , 2 0 0 and $ 2 5 , 2 0 0 , respectively. In addition to their salaries, they received...
Study smarter with the SolutionInn App