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:
There were a couple of reasons for moving to the southern colonies. The first would be that they were loosing in the North and wanted to try and pierce the South to get ports and some ground to wage war.
They also believed that many slaves would embrace their liberation and join their cause against their former masters.
If they captured the South ports they could transport troops and equipment a lot quicker and easier from the British West Indies.
And they thought that there were more loyalists in the South and that would mean more domestic manpower for holding the lines.
Exodusters was a name given to African Americans<span> who migrated from states along the Mississippi River to Kansas in the </span>late-nineteenth<span> century, as part of the Exoduster Movement or Exodus of 1879. It was the first general migration of blacks following the Civil War.</span>
Two events that showed the effect of Middle East turmoil on the United States were:
- The Iranian hostage crisis proved to be a major problem for President Carter in the 1980 presidential election.
- A drop in oil production following the Iranian Revolution caused a sharp increase in gasoline prices in the United States.
<h3>The Middle East and President Carter </h3>
President Carter was criticized for failing to solve the Iranian Hostage crisis when he tried to run for reelection in 1980. For this and other reasons, he lost the race.
The Iranian Revolution also reduced the supply of oil to the western world which led to a sharp rise in gasoline prices in the United States.
In conclusion, options A and C are correct.
Find out more on the Iranian Revolution at brainly.com/question/2515125.
A. they eliminated competition and drove up prices for consumers
