When Dealing with Security Interest,the Failure of a Creditor to Register

question 43

Multiple Choice

When dealing with security interest,the failure of a creditor to register

• A)will result in a legal offence,which invalidates the creditor's interests.
• B)would always be quite foolish.
• C)may be a matter of too much trouble and expense.
• D)will risk that the debtor can prevail in a lawsuit.
• E)allows the provisions in the Sale of Goods Act to govern where there is an innocent third party.

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Definitions:

Cost Analysis

The process of evaluating the costs involved in producing a product or providing a service, to determine ways to reduce or manage expenditures.

R-squared

A statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.

Dependent Variable

A variable that responds to some causal factor; total cost is the dependent variable, as represented by the letter Y, in the equation Y = a + bX.

Independent Variable

A variable in an experiment that is manipulated to observe its effect on the dependent variable.