1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vagabundo [1.1K]
3 years ago
5

What do you envision when you picture yourself working at the age 30? Describe your perfect job. Explain the level of education

that you will need in order to be competitive in that field. Provide three needs that you think your job would meet, and three wants that you hope your job will provide.
History
1 answer:
Elena L [17]3 years ago
6 0

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:

You might be interested in
Potato crops in Idaho have been damaged by plant disease, causing a scarcity of potatoes in the market. What is the most likely
Charra [1.4K]
Most likely the answer will be D.
5 0
3 years ago
Read 2 more answers
In politics, does the end always justify the means?
tiny-mole [99]

Answer:

The phrase means that even if the action was or seems wrong, the outcome or result means it was not really wrong. The phrase strictly, applies to cases where the moral outcome is truly superior to no action. Otherwise the end would not truly justify the means.

4 0
3 years ago
Read 2 more answers
1. After the collapse of the city of Constantinople, what religion<br> was implemented?
wlad13 [49]

Answer:

Eastern Orthodox Church

Explanation:

5 0
3 years ago
Timeline #1 of an Early Muslim Caliphate / Empire (600 CE - 1500 CE) with ten (10) key events
butalik [34]
Jhhgch if jkufhoj. ifiov ibf itb. 1500CE ohju igv ughfc. halla!!
6 0
2 years ago
what did alexander hamilton imply were the weaknesses of the present system of government under the articles of confederation
blondinia [14]

Hamilton implied that the weakness of the government under the Confederation was because the central government didn't have enough power. He believed too much power was given to the states and that the central government should be able to pass laws.

8 0
3 years ago
Other questions:
  • In the late 1800s the growth of the railroad les to Midwestern cities like Minneapolis and Cleveland becoming
    6·1 answer
  • Which statement about the United sates' entry to world war II is true?
    13·1 answer
  • During the late nineteenth century, the equal protection clause was a. not implemented because of a lack of tax revenue. b. seve
    11·2 answers
  • What is one difference between both the north east region and the south east region
    13·1 answer
  • What do the indigenous natives of Australia and Latin America have in common?
    5·2 answers
  • What was the significance of the storming of the bastille?
    7·1 answer
  • Why do so many tornadoes occur in florida
    13·1 answer
  • A person who supported American Independence was known as a __________________.
    9·2 answers
  • 2. What businesses in the warmer parts of the country boomed in the wintertime as a
    7·1 answer
  • Why did the United States invade Iraq in 2003?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!