Lisa Goes to the Local Appliance Store and Buys an Oven

question 489

Multiple Choice

Lisa goes to the local appliance store and buys an oven on credit. The store extends her credit. The store's security interest in the oven perfects when the store:

• A) notifies consumer credit agencies of the existence of the security interest
• B) gets Lisa to agree that the oven will be a security
• C) posts notice of Lisa's security interest in the newspaper
• D) posts notice of its security interest in a "public location"
• E) none of the other choices

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Definitions:

Self-Serving Bias

Self-serving bias explains personal success by internal causes and personal failures by external causes.

Performance Appraisal

Is the process of formally evaluating performance and providing feedback to a job holder.

Conflict Resolution

The removal of the substantial and/or emotional reasons for a conflict.

Underlying Cause

The fundamental reason or root cause that gives rise to a situation, problem, or symptom, often hidden or not immediately apparent.