« previous next »

Author Question: Tim buys a high-powered tool from Binford Tools to use on the construction of his own garage. ... (Read 113 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Jun 24, 2018
Tim buys a high-powered tool from Binford Tools to use on the construction of his own garage. Binford Tools provides a full warranty on the tool for the first six months. To pay for the tool, Tim signs a negotiable promissory note which contains the FTC Consumer Credit Notice. Binford properly negotiates the note to First Finance. Within three weeks, the tool stops working and Binford refuses to repair or replace it. In the meantime, First Finance demands payment from Tim. Under the Federal Trade Commission rules, this consumer credit situation means First Finance
 A)can collect if it is a holder in due course.
 B)can collect if it is not a holder in due course.
 C)can collect whether or not it is a holder in due course.
 D)cannot collect.

Question 2

Incoterms are published by the International Chambers of Commerce based in Paris, France.
  Indicate whether the statement is true or false


kilada

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

go.lag

  • Hero Member
  • *****
  • Posts: 667
Reply #2 on: Jun 24, 2018
Thank you :)


kilada

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Striking examples where high surface area releases heat. Striking examples where high surface area releases heat.
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
The high-voltage shut-off switch on a Ford Escape hybrid. The switch is located under the carpet at ... The high-voltage shut-off switch on a Ford Escape hybrid. The switch is located under the carpet at ...
Permafrost: High albedo, reflects as much as 90% of the Sun’s energy Permafrost: High albedo, reflects as much as 90% of the Sun’s energy
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Role of ATP in muscle movement

For a complete list of videos, visit our video library