This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following would lead to termination by operation of law for an agency: a. the ... (Read 88 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
on: Jun 24, 2018
Which of the following would lead to termination by operation of law for an agency:
 a. the principal dies b. the agent dies
  c. the subject matter of the agency is destroyed d. all of the other specific choices are correct
  e. none of the other specific choices are correct

Question 2

Fogel purchased a television set for 900 from Hamilton Appliance. Hamilton took a promissory note signed by Fogel and a security interest for the 800 balance due on the set. It was Hamilton's policy not to file a financing statement until the purchaser defaulted. Fogel obtained a loan of 500 from Reliable Finance, which took and recorded a security interest in the set. A month later, Fogel defaulted on several loans and one of his creditors, Harp, obtained a judgment against Fogel, which was properly recorded. After making several payments, Fogel defaulted on a payment due to Hamilton, who then recorded a financing statement subsequent to Reliable's filing and the entry of the Harp judgment. Subsequently, at a garage sale, Fogel sold the set for 300 to Mobray. Which of the parties has the priority claim to the set?
 a. Reliable
  b. Hamilton
  c. Harp
  d. Mobray


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

micaelaswann

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

.D


mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut
Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t
A model for the operation of voltage-gated sodium channels. A model for the operation of voltage-gated sodium channels.
Change in air temperature at various air flow rates for a 7 pass operation Change in air temperature at various air flow rates for a 7 pass operation
Termination of transcription in eukaryotes: addition of poly(A) tails Termination of transcription in eukaryotes: addition of poly(A) tails
Intrinsic termination Intrinsic termination
Video: Introduction to Genetics

For a complete list of videos, visit our video library