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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.
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Answer:
The Enlightenment brought political modernization to the west, in terms of focusing on democratic values and institutions and the creation of modern, liberal democracies. Enlightenment thinkers sought to curtail the political power of organized religion, and thereby prevent another age of intolerant religious war.
Explanation:
The main difference between Frances Willard and Carrie Nation was<u> D. </u><u>ways </u><u>in which they </u><u>fought </u><u>for </u><u>temperance</u><u>.</u>
<h3>Frances Willard</h3>
- Was a leader in the Women's suffrage movement and a supporter of the temperance movement.
- Campaigned peacefully for people to practice temperance.
This was different to the methods of Carrie Nation who would attack and picket bars with her supporters.
In conclusion, option D is correct.
Find out more on the temperance movement at brainly.com/question/2724002.
Answer:
a. how would an economist explain the decline of the alaska king crab fishery?
According to economist, the decline of the Alaska king crab fishery could be compared to Law of diminshing returns. This simply means that, the optimal fishing point was reached before the fishes available started declining leading to the fishing bust that happened in 1980s.
b. explain two programs you could institute to protect the fishery and still allow some crabbing again.
Fishing Time policy: This program would involve the restriction of the fishing activities carried out in the alaska to a given time frame. For example, from september to december. Rather than fishing always as was done.
Fishing Quantity Policy: This program would in involve the restriction of the quantity of fishes to be gotten in the cook inlet and bristol bay by the fishing companies. For example, each company is expected to take only 50kg worth of fish once a week rather than fishing unlimitedly each day.
c. canadians have been very successful in farming salmon in coastal fiords along the coast of british columbia. why have they been successful with salmon when the crab fishery crashed?
This is because, their are series of policies that tends to guide the farming of salmon in the coastal fiords by the Canadians. And, also, salmon is not as demanding as the King Crab fishes.
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What is the question exactly?
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