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Author Question: First Federal had a perfected security interest in Vicor's printing press. Second Credit had a ... (Read 172 times)

strangeaffliction

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on: Jun 24, 2018
First Federal had a perfected security interest in Vicor's printing press. Second Credit had a security interest in the same press, but its interest was not perfected. First Federal takes priority over Second Credit.
  Indicate whether the statement is true or false

Question 2

A U.S. company sends a purchase order to an Italian shoe company. The Italian shoe company sends a letter confirming the purchase order. The CISG provides:
 A) the acceptance by the Italian company cannot be withdrawn under any circumstances.
 B) the Italian company can withdraw the acceptance if the withdrawal reaches the U.S. before its acceptance.
 C) the acceptance by the Italian company was effective when sent.
 D) none of the above is correct.


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miss.ashley

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


strangeaffliction

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Reply #2 on: Jun 24, 2018
Thank you :)


miss.ashley

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Reply #3 on: Jun 24, 2018
Happy to help you


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