The Payment of Hu's Debt to Ian Is Guaranteed by Hu's

question 18

Multiple Choice

The payment of Hu's debt to Ian is guaranteed by Hu's personal prop?erty.To give public notice of his interest in Hu's property,Ian is most likely to

• A)attach a bright label to Hu's property.
• B)e-mail other potential creditors.
• C)file a financing statement with the appropriate authority.
• D)publish a collection notice in local newspapers.

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Definitions:

Factor Market

A marketplace for the services of a factor of production, such as labor, capital, and land.

Inputs

The resources (such as labor, materials, and capital) used in the production process to create goods or services.

Ceteris Paribus

A Latin phrase meaning "all other things being equal," used in economics to isolate the effect of one variable change in a model.

Demand Decreases

A situation where the quantity of a good or service desired by consumers lessens.