Reference no: EM132264838
1. The creation of a third-party legal entity is required for___________, whereas for __________ it is not.
licensing agreements; joint ventures
strategic alliances; joint ventures
franchising agreements; strategic alliances
joint ventures; strategic alliances
2. A secured party with a PMSI who repossess consumer goods on which 60% of the purchase price has been paid must sell the goods within ________________days after repossession.
10
30
60
90
3. Which of the following is not a benefit of a PMSI?
A PMSI in consumer good is automatically perfected.
A PMSI creditor in consumer goods can keep the goods in strict foreclosure over the objections of the debtor.
A later creditor with in PMSI in inventory can get priority over an earlier creditor with a floating lien in the inventory if proper procedures are followed.
A later creditor with a PMSI in non-inventory can get priority over an earlier non-PMSI creditor in the same collateral if proper procedures are followed.
4. Many institutional investors are aggressive in protecting and enhancing their investments. They are shifting from _________ to owners. They are assuming the role of ________________ shareholders and rigorously analyzing issues of corporate governance. In the process, they are reinventing systems of corporate monitoring and accountability.
sellers; part-time
investors; part-time
traders; permanent
investors; full-time
5. The Canadian marketing manager for Schick razors recently launched its first e-mail campaign that was targeted to both men and women. Schick gave out 20,000 Xtreme III razors to customers who agreed to share information about their shaving habits. For sharing their information, customers were sent updates about other new products and promotions. In this example Schick used
individualized marketing.
personalized branding.
niche marketing.
permission marketing.
viral marketing.