Question: This is Business Law. Please answer all! Question 1 (1 point) Malik purchased an iPad from World Buy, Inc. Second National Bank had a perfected
This is Business Law. Please answer all!
Question 1 (1 point) Malik purchased an iPad from World Buy, Inc. Second National Bank had a perfected security interest covering all of World's inventory. If World does not pay Second National, who will ultimately have the right to the iPad? The IRS. Malik World. Second National Question 2 (1 point) The term liability, when used with negotiable instruments, refers to an obligation to pay the negotiable instrument involved. True False Question 4 (1 point) The Truth-in-Lending Act requires creditors to make numerous disclosures. The purpose of these disclosures is to enable consumers to easily compare the cost of credit. True False Question 5 (1 point) Perfection is the first step the creditor takes in order to make the security interest enforceable. True False Question 8 (1 point) Bob, a buyer, has the right to inspect the goods sold to him by Sam, a seller, in any reasonable manner and at any reasonable time and place, and Sam bears the cost of inspection. True False Question 9 (1 point) Adona, Inc. has decided to "go public." Adona would like avoid registration under the Securities Act of 1933 and hopes to fit within an exemption. For a small public issue, the transactions involving sales to accredited investors can be up to: $1 million $3 million $5 million. $10 million



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