Ornak Furniture Inc Had an Operating Line of Credit with the Bank

question 9

True/False

Ornak Furniture Inc had an operating line of credit with the Bank of Brandon.Ornak had given the bank a security interest in all its present and future assets to secure its obligations under the line of credit.The bank had perfected its interest by registration in 2011.Cronin carried on business as a supplier of wicker furniture.In 2012,Cronin delivered 20 wicker chairs to Ornak.Ornak put the chairs on display in its showroom.Under the agreement that Ornak had with Cronin,Ornak was not obliged to buy the chairs,but the act of selling a chair to a customer constituted the agreement by Ornak to buy the chair from Cronin.For every chair sold,Ornak paid Cronin whatever it sold the chair for less 50 percent.In December 2009,Ornak defaulted on its obligations to the bank and the bank seized its assets including the chairs supplied by Cronin.The bank is entitled to the chairs.

Understand the key elements to include in job-acceptance messages.

Grasp the concept and effectiveness of using behavioral interview questions for evaluating job candidates.

Acknowledge the use of application forms for consistent and legally safe hiring practices.

Understand the importance of asking relevant questions during an interview.

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An abbreviation for "patient," the individual receiving medical care or assessment.

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A general-purpose programming language that provides constructs that map efficiently to typical machine instructions.

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A standard unit of measure in the International System of Units (SI), used globally for scientific and standard measurements.

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A prefix denoting a factor of one millionth, or pertaining to small, often microscopic, phenomena.