Has the banks security interest attached

Assignment Help Business Law and Ethics

Reference no: EM13784087

Interpret the law of secured transactions.

You are the chief executive officer of Money Games Inc.(MGI), which has begun to market Borrow & Spend, a video game set in the world of finance. To buy ads, MGI borrows $50,000 from First Savings Bank. On MGI's behalf, you sign a note for the loan and offer its accounts receivable as collateral. You sign a security agreement that describes the collateral. The bank does not file a financing statement. Has the banks security interest attached?

Reference no: EM13784087

Questions Cloud

Discuss where a computer stores its basic hardware : Discuss where a computer stores its basic hardware settings, why it does so, and what some of those settings are. Compare storage devices using four criteria: versatility, durability, speed, and capacity.

Develop smart long-term professional goals : Discuss five lessons learned from the simulations and other assessments that helped you resolve your client's problem and Develop SMART long-term professional goals.

Behind most resistance to change in organizations : What is the reason behind most resistance to change in organizations? Is this something that has benefits as well?

Do the sources claims stand up to logical scrutiny : Where did the source get its information - can you verify the material independently and is the material current?

Has the banks security interest attached : On MGI's behalf, you sign a note for the loan and offer its accounts receivable as collateral. You sign a security agreement that describes the collateral. The bank does not file a financing statement. Has the banks security interest attached

Describe trends of human service : Describe trends of human service.

Central focus of all human service programs : Include the common denominator or central focus of all human service programs. Describe trends of human service.

Perform a spearman correlation analysis : Answer the next two questions in "layman's terms" as if for someone who does not know much about statistics: (a) Why did people accuse the process of not being random? (b) What do the data indicate for men born earlier in the year vs. men born lat..

Do you think that public administrators should be restricted : In 2-3 pages answer the following: Do you think that public administrators should be restricted to only laid down rules in the discharge of their duties as espoused by Max Weber or should they have some amount of discretion

User Account

All Pages