Is blaine bound by the guaranty

Assignment Help Management Theories

Reference no: EM131494860

Question: 1. Berke bought a car from Apex Autos and financed the purchase with an installment loan. Apex failed to file the financing statement. Is Apex protected if Berke sells the car to someone else without paying off the installment loan?

2. Blaine agreed to act as guarantor for a loan made to her brother. The guaranty was made orally at the bank. Is Blaine bound by the guaranty?

Reference no: EM131494860

Questions Cloud

Differentiate between a secured debt and an unsecured debt : Describe the methods available to an unsecured creditor to collect a debt.

Cause of high unemployment : What does Robert Kuttner have to say about technology as the cause of high unemployment?

Iron cage of rationality : What did Max Weber mean by the Iron Cage of Rationality? What's wrong with rationality?

What type of business organization : Discuss each of these types of business organizations including the advantages and disadvantages of each for the yoga studio business.

Is blaine bound by the guaranty : Berke bought a car from Apex Autos and financed the purchase with an installment loan. Apex failed to file the financing statement.

Producing and marketing a product without regard to ethical : Producing and marketing a product without regard to ethical, legal, and social considerations is detrimental to the overall success of any company.

If you were the opposite : Imagine a life as a person of the opposite gender and a different race. Let say, if you are a white male, imagine a life as a Latina or African American woman.

Is rogers sister released from her guaranty : Rogers borrowed $10,000 from Upstate Bank, with Rogers's sister agreeing to act as guarantor of the loan. The loan agreement provided that loan payments.

Flexible and participatory workplace : Answer the following question. Analyze the benefits and disadvantages of a more flexible and participatory workplace in a paper of 800 to 1000 words.

User Account

All Pages