Dan Owns a House That Was Mortgaged to First Bank

question 3

Multiple Choice

Dan owns a house that was mortgaged to First Bank.Dan purchases a central air conditioning unit in January 2011, from Bob's Appliances on credit and gives Bob's a security interest in the unit.In most states, in order to gain priority over First Bank, Bob's Appliances must:

• A)perfect by a fixture filing.
• B)perfect within 20 days after the unit is installed.
• C)notify First Bank in a letter of his security interest before the unit is installed.
• D)two of the above.(a and b)
• E)none of the above.

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Definitions:

Photographic Equipment

Tools and devices such as cameras, lenses, tripods, and lighting gear used in the capture of photographs.

Targeting Strategies

Approaches used by businesses to identify and serve specific segments of the market that are most likely to benefit from their products or services.

Micromarketing

A marketing strategy that targets a small, specific group of customers with tailored messages and offers.

Undifferentiated

In marketing, this refers to a strategy where a company chooses not to segment the market but rather targets the whole market with one product or service.