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

Author Question: When a state statute requires a security interest in a motor vehicle to be noted on the certificate ... (Read 109 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
When a state statute requires a security interest in a motor vehicle to be noted on the certificate of title, the security interest is perfected:
 A) by the certificate notation, when a non-inventory motor vehicle is involved.
 B)by filing under the UCC, regardless of how the vehicle is classified.
 C)by filing under the UCC, when the motor vehicle is inventory.
 D)either by the certificate notation or by a UCC filing, depending on how the state statute defines the term motor vehicle.

Question 2

Sophie's Choice is a bakery located in a residential area. Sophie's had been in business in the area since 1951. The residences in the area had been abandoned and Sophie took advantage of reduced prices to acquire a home and build her bakery in that home. The city had approved Sophie's request for a special permit because the city hoped that the area could be economically developed through such new uses. When the housing market recovered, a developer who had purchased up the homes, except for Sophie's, decided to reconstruct the homes and sell them. The neighborhood became a popular one with the homes bringing increasing prices as many buyers sought to live in the area. The residents who have purchased and moved into the homes have petitioned the city council to have Sophie's shut down as a nuisance because of the commercial activity. Which of the following is a correct statement?
 A)A special permit is limited in time and can be revoked at any time.
 B)Nuisance is not a basis for zoning regulation.
 C)Sophie has property rights associated with the special permit.
 D)The special permit is never a right in perpetuity.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

essyface1

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

A

Answer to Question 2

C





 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library