How much money will dane receive

Assignment Help Management Theories

Reference no: EM131166767

Assignment "Priority"

Steve owns a car. He decides that he needs a loan in order to improve his house, so he goes to Liv. He agrees to give Liv a security interest in the car in exchange for $4,000. Two weeks later he decides that he needs more money.

He goes to Dane. He gives Dane a security interest in the car in exchange for $10,000. Dane files a financing statement to perfect the interest. A week after that Liv does the same. Eventually, Steve defaults in his payments. The car is repossessed, and it is sold for $3,000. How much money will Dane receive? How much money will Liv receive?

Reference no: EM131166767

Questions Cloud

Discuss current strategy used by company and investments : Discuss current strategy (ies) used by the company/competitor and any relevant future investments required to support the business unit (s) strategy(ies) to achieve higher ROI and market position.

Consumers of purchasing movies online : a. People's tastes change in favor of going to see more movies at cinemas with their friends and family members. b. More online movie-rental firms enter the market. c. There is a significant increase in the price to consumers of purchasing movies onl..

Outlined in final project guidelines and rubric document : For this milestone, submit a draft of your analysis as outlined in the Final Project Guidelines and Rubric document. Create a draft of the graphs, summaries, and tables developed in the Analysis critical element. You will be evaluated on your correct..

What is the smallest prime greater than n : Given a checkerboard and a particular type of polyomino (see Section 1.8), can this checkerboard be tiled using polyominoes of this type?

How much money will dane receive : A week after that Liv does the same. Eventually, Steve defaults in his payments. The car is repossessed, and it is sold for $3,000. How much money will Dane receive? How much money will Liv receive

Happens to the relative price of wheat : Suppose that there is technological progress in the wheat industry, so that Home can produce more wheat with the same amount of labor. What happens to the Home PPF and what happens to the relative price of wheat?

Number of workers doubles in home : Consider a two-country (home and foreign) two-good (wheat and cloth) world. Let MPLw and MPLc be 4 and 2, respectively. Let L=25. Suppose that the number of workers doubles in Home.

Depict two separate production possibilities curves : Depict two separate production possibilities curves and clearly label which one represents the quadrant 2 scenario and which one represents the quadrant 3 scenario. Assume Medical Care is on the vertical axis and All Other Goods and Services are on t..

Evaluate target customer segments and positioning products : Evaluate target customer segments and positioning products within these segments. Examine the marketing science of customer behavior and products in the marketing exchange process and create dynamic strategies for competing.

User Account

All Pages