If a Supplier Wants to Be Able to Repossess Goods

question 66

Multiple Choice

If a supplier wants to be able to repossess goods if they are not paid for them they should

• A)register a floating charge
• B)register a conditional sales contract
• C)register a PMSI
• D)have the purchaser sign a personal guarantee
• E)have the purchaser do an assignment of goods

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Definitions:

Scatterplot

A type of graph used in statistics to display values for typically two variables for a set of data and identify any correlations.

Histogram

A graphical representation of the distribution of numerical data, showing the number of data points that fall within specified ranges.

Marijuana

A psychoactive drug from the Cannabis plant used for medical or recreational purposes.

Scatterplot

A type of plot or mathematical diagram using Cartesian coordinates to display values for typically two variables for a set of data.