« previous next »

Author Question: Which of the following is true of a collateral note? A) The collateral cannot consist of stocks or ... (Read 49 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Jun 24, 2018
Which of the following is true of a collateral note?
 A) The collateral cannot consist of stocks or bonds.
 B) It is a note secured by a third person's guarantee.
 C) It is a note secured by personal property.
 D)The collateral cannot consist of some tangible personal property.

Question 2

A bill of lading will be negotiable if its terms are that the goods are to be delivered to bearer or to the order of a named person.
  Indicate whether the statement is true or false


kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

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

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Spiral Produced by twisting stresses that are spread along the length of a bone (note the break in t Spiral Produced by twisting stresses that are spread along the length of a bone (note the break in t
Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
A typical evaporative emission control system. Note that when the computer turns on the canister ... A typical evaporative emission control system. Note that when the computer turns on the canister ...
Summary of SOAP Note Content Summary of SOAP Note Content
Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ... Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ...
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library