Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of <u>a trustee in bankruptcy.</u>
Explanation:
A security interest on a loan refers to a legal claim on collateral provided by the borrower ,it allows the lender to repossess the collateral and sell it if the loan goes default
A security interest reduces the risk for a lender, allowing it to charge lower interest on the loan.
Lower interest means that the borrower’s cost of capital will also be reduced.
Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of <u>a trustee in bankruptcy.</u>
Answer:
$38,000
Explanation:
The computation of the cost of the land is shown below:
= Purchase price of land + closing cost + removal cost of an old building
= $26,300 + $1,300 + $10,400
= $38,000
In order to find out the cost of the land, we simply added the purchase value of land, its closing cost and the removal cost of an old building
The answer would be false because uniform would mean there is a standard and different organizations have different priorities
Answer:
The correct answer is Effect Corporate Change
Explanation:
Corporate change arises not only from the change in hierarchical structure, but from the beliefs, culture and values by which one company can be recognized against others. And this change is mainly due to the treatment and the possibilities they offer in personal growth from the highest ranking boss to the person with the lowest level of authority. These actions allow a better development in the market, since they have updated competences that allow them to head towards the market effectively.
The statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account
<h3>What is personal saving?</h3>
Personal saving can be defined as the ability of a person to save their money. Saving this money will enables them to have something to fall back to incase of unforeseen or unexpected circumstance.
The effective strategy for personal saving a person is expected to follow is for the person to save a percentage of each of their salary or paycheck and deposit the money directly into their savings account.
Therefore the statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account
Learn more about personal saving here:brainly.com/question/15279000
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