In the Case in the Text,Palmatier V

question 55

Multiple Choice

In the case in the text,Palmatier v.Wells Fargo Financial National Bank,the court held that:

• A)the sales order ticket proved that value was not given.
• B)the sales order ticket failed to describe the collateral.
• C)the sales order ticket failed to incorporate the terms of the credit card agreement.
• D)the sales order ticket created a perfected purchase money security interest in the furniture.

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Definitions:

Variance

A statistical measure of the dispersion or spread in a set of data points, showing how far each number in the set is from the mean.

Coefficient Of Correlation

A statistical measure that calculates the strength of the relationship between the relative movements of two variables, represented typically by the Pearson correlation coefficient value.

Stocks

Shares in the ownership of a company, representing a claim on the company's assets and earnings.

Composed

Pertains to being made up of several parts or elements.