Article a purchase money security interest

Assignment Help Business Law and Ethics
Reference no: EM133312901

Assignment:

Under UCC Article 2, a "purchase money security interest" (PMSI) exists and is perfected under which circumstance?

Question:

1.) The collateral subject to the PMSI is a flat-screen television, the amount of the PMSI is the price paid for the television, and the seller/holder of the PMSI has not filed.

2.) The collateral subject to the PMSI is a flat-screen television, the amount of the PMSI is the price paid for the television, and a finance company/holder of the PMSI has not filed.

3.) The collateral subject to the PMSI is an industrial boiler, the amount of the PMSI is the price paid for the boiler plus an additional $300 which the buyer owed the seller from a previous purchase, and the seller/holder of the PMSI has not filed.

4.) The collateral subject to the PMSI is an industrial boiler, the amount of the PMSI is the price paid for the boiler, and the seller/holder of the PMSI has not filed.

Reference no: EM133312901

Questions Cloud

How would you advise parties in this instance : David claims that the contract was concluded. How would you advise parties in this instance. Rely on case law to support your answer.
Competitive landscape as compared to spark network : InterActive Corp competitive landscape as compared to Spark Network. How does IAC rank among its competitors and how did the recent acquisition of Meredith help
Critique of an artifact which is a man-made product : Critique of an artifact which is a man-made product of a specific time and place. You can write about, a building, bridge, poem, short story, dance, song
What were the reasons for rohit disillusionment : What, according to you, were the reasons for Rohit's disillusionment? Answer the question using the psychological empowerment model.
Article a purchase money security interest : Under UCC Article 2, a "purchase money security interest" (PMSI) exists and is perfected under which circumstance?
Outsource production or manufacture her products in-house : What are some considerations that her will have to consider in determining whether her company should outsource production or manufacture her products in-house?
How has the world changed in the time : How has the world changed in the time between the Congress of Vienna and the outbreak of WWI? How are these changes reflected in the arts
Personal favorites of kevin eastman and peter laird : why did they choose these four? Are they the best four artists from the Renaissance? The most famous? The personal favorites of Kevin Eastman and Peter Laird
Explain case michael jordan loses china trademark lawsuit : A trademark lawsuit filed by NBA legend Michael Jordan against Qiaodan Sports Co. in the Chinese court system for using a name.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Why is the use of language especially important in theory

In no more than two pages (double spaced) and no less than one page (double space) summarize Orwell's main points from Principles of Newspeak. Why is the use of language especially important in theory? Provide at least one example of Newspeak from..

  How does the correctional system punish offenders

Write a 700-1,050-word essay answering the following questions: How does the correctional system punish offenders? How does the correctional system.

  What factors do you consider when doing an intervention plan

How does the prison environment influence the way you manage a case? What is case management assessment and case management goal setting? Is there a relationship between the two? What factors do you consider when doing an intervention plan? How do yo..

  Have you observed situations where an employee was fired

should the law allow an employer to fire an employee without a good reason? conduct research to provide examples to

  Describe the purpose of the ethics officer

Describe an ethically, socially, and environmentally responsible course of action to address each example from part B1 based on the company's culture and core

  Briefly discuss any ethical issues related to dilemma

CSE3PE, CSE5PE - Professional Environment - Read the case study below and then briefly discuss any ethical issues related to any of the people mentioned (by name) in the scenario and four-step Ethical Analysis and Decision Making Proces

  What are the effects on the initial embargoing countries

Use graph to show how this changes the effects of the embargo. - Specifically, what are the effects on the initial embargoing countries and on the target country?

  Define the evidence of trojan war

She explains it is a source based module that requires students to: find1. major issues: evidence of Trojan War, Homer's Iliad, Schliemann - father.

  What are some criteria that could be added to a procurement

What are some criteria that could be added to a procurement to ensure the good or service is environmentally friendly?How much extra should the public sector

  Was the search of the trunk valid

X, a highway patrol officer, stopped a vehicle on the freeway for speeding. Prior to issuing a ticket for speeding, X looked around the car and asked.

  Identify the main functions of the australian competition

Briefly explain the rationale or justification for using those sections to pass the ACL - Briefly outline the benefits to consumers and business of the ACL.

  What is staffing

What is staffing? discuss the importance of staffing in any business organization.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd