Smoking became very popular.
Changed diet kept people from starvation.
Corn fed livestock grew in places where other plants couldn't grow in
Answer:
My Car: I bought my car in 2015 from one of the local dealers. The Creditors can also use my car that currently as collateral. The car registration book has my name inscribed on it hence I own the vehicle. In the event of a need for credit, the creditors would lend me money worth the car. An attachment would occur when I sign the creditor’s contract with the bank in the condition of the car as the security.
My Land: Apparently I was deemed the legal owner of the land because I possessed an authenticated original title deed pertaining to the land with my name written on it. I signed the security agreement or the credit contract and as such the bank gained interest in the collateral hence attachment.
My AC: For the AC, a similar procedure has to happen in a secured credit transaction. Given that, I have all the receipts about the AC, I can use it as collateral. The creditors can lend an equivalent value to the AC. To seal the security agreement, I would sign the credit contract hence an attachment.
For each of the three items, explain if and when perfection occurred.
According to Distenfield & Distenfield (2005), the perfection of a security interest is the act of ascertaining one’s interest in a collateral hence preventing other parties from creating an attachment to the same collateral. Such parties would include other creditors and bankruptcy trustee among others. For the land, the creditor would perfect its interest by possessing the title deed pertaining to the land. Alternatively, the creditor would perfect its interest in the land collateral by filing a financial statement with the necessary public office. Just like the land, the creditor can possess the car's registration book hence perfection. Lastly, the creditor possesses the AC collateral hence perfecting in the collateral.
Explain the priority each of the creditors would have if you defaulted on your promise to pay
In an event of my failure to pay the already secured credit transaction, the creditor would obtain the collateral in lieu of the payment. The priorities of the creditors should only pick the items listed as securities and only those he or she has a security interest. For example, the creditor cannot take personal property or the home as collateral if it was not part of credit contractual agreement.
Explanation:
Answer: d. All of the above
Explanation:
The Rocky Mountain Fur Company was founded by William Henry Ashley and Andrew Henry in 1822 to get beaver fur and they were so good at western exploration that they inspired folklore some of which were inspired by their rivalries with other fur companies such as the Hudson's Bay Company.
They were divided into engages, skin trappers and free trappers which was the division that the famous Joe Meek and Kit Carson were part of. They had to shut down over a decade later however when their business model was no longer sustainable.
Answer: Both the Chesapeake and Southern colonies had been made of a majority of single, young, white guys who labored as indentured servants. After Bacon's Rebellion, the Chesapeake and Southern colonies moved toward the usage of enslaved employees introduced from West Africa.
