This topic contains a solution. Click here to go to the answer

Author Question: Suzy wants to borrow cash from Bruce. She offers him a security interest in her neighbor's diamond ... (Read 130 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
Suzy wants to borrow cash from Bruce. She offers him a security interest in her neighbor's diamond ring, which she has been told that she or her sister will receive after their neighbor passes away. Regarding Suzy's proposal, which of the following statements is true?
 A) Bruce cannot take a security interest in the ring, because Suzy does not have rights to the collateral.
 B)Bruce must have the ring in his possession or have a written agreement from Suzy describing the ring in order to obtain a security interest in it.
 C)Suzy must not have legal rights to the ring if she is going to give Bruce a security interest.
 D)Suzy must not give Bruce something of value as a security interest.

Question 2

Zoning that imposes minimum lot sizes and square-foot minimums are:
 A)R-1 restrictions.
 B)Intensity restrictions.
 C)Aesthetic zoning.
 D)All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wergv

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

A

Answer to Question 2

B




Medesa

  • Member
  • Posts: 507
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library