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OlgaM077 [116]
3 years ago
11

Maddie enters into a secured consumer debt transaction with Friendly Bank. When Maddie pays the loan in full, Friendly Bank is r

equired to file a statement indicating that it no longer claims a secured interest in the collateral. This statement must be filed within one month from the date the debt is fully paid.
A. True
B. False
Business
1 answer:
lubasha [3.4K]3 years ago
3 0

Answer:

true

Explanation:

Before Friendly Bank handed out the loan to Maddie, it had to perfect an interest on the collateral or security of the loan, and it did it by filing a Form UCC-1.

After the loan is repaid, the bank's interest on the security ceases to exist and it must file a UCC termination statement notifying that the collateral is "free and clear".

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Brandon's wallet slips from his jacket pocket in the mall. By the time he realizes his wallet is missing and reports the loss, a
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Answer:

$950

Explanation:

Since the total amount of items purchased by the thief is $950, then Brandon has to pay back the amount deducted from his card.

4 0
3 years ago
A market researcher for a cable company is seeking to determine the number of households in a selected neighborhood that consist
diamong [38]

Answer:

Obtain census information available on the internet,

Explanation:

The number of households in the neighbourhood must have been captured during census and uploaded on the census board website or those of relevant agencies.

A visit to such websites to get the number of households in the neighbourhood of interest is very cost-efficient as the only thing that the market researcher needs to do is to have just internet subscription package which can be obtained for an extreme lesser fee when compared to paying the households visits, transporting to and fro and replenishing lost energy by buying food or taking energy drinks.

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3 years ago
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Under the Bretton Woods system
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Answer:

The answer is D. All of the options

Explanation:

The Bretton Woods system of of monetary management which was negotiated in 1944 with the aim of creating an international monetary system.

Under this system, representatives of countries agreed to establish a par value of their respective currencies in relation to the dollar. Dollar was pegged at $35 per ounce, and each country was responsible for maintaining its exchange rate within 1 percent of the adopted par value by buying or selling foreign exchanges as necessary.

However, in the early 1970s, President Richard Nixon made the announcement that the United States would no longer be accepting gold in exchange for the dollar, and the put an end to the Bretton Woods system.

4 0
3 years ago
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Gillian is easily impressed by make-up which claims to be manufactured with the use of crystals, but without really wondering ab
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Answer:

Corpus Callosum

Explanation:

A large bundle of axon fibers. Connects left and right sides of brain. Thickens during adolescence, increasing ability to process information.

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3 years ago
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Toby is purchasing a $15 cake for their mother's birthday.
miss Akunina [59]
Toby should use his debit card. he should use his debit card because it’s only 15 dollars which is not an expensive amount. using his debit card would keep the payments he has to make on his credit card lower
7 0
2 years ago
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