subject
Business, 13.12.2019 06:31 marvinc5603

Marina inc. sells and services sailboats. on april 1, marina financed the purchase of its entire inventory with ace finance company. ace required marina to execute a security agreement and a ucc-1 financing statement covering the inventory and proceeds. on april 4, ace properly filed the ucc-1 financing statement covering the inventory, proceeds and after-acquired inventory. on april 27, marina sold one of the sailboats to wally for use in his charter business for $100,000 ($50,000 cash and $50,000 on credit). wally, who had once worked for marina, knew that marina regularly financed its inventory with ace. marina defaults on its obligations to ace.

can ace repossess the sailboat purchased by wally?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:00
Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction
Answers: 1
question
Business, 21.06.2019 20:30
Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?
Answers: 3
question
Business, 22.06.2019 00:40
Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:
Answers: 3
question
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
You know the right answer?
Marina inc. sells and services sailboats. on april 1, marina financed the purchase of its entire inv...
Questions
question
History, 13.10.2020 20:01
question
Mathematics, 13.10.2020 20:01
question
Chemistry, 13.10.2020 20:01
question
Mathematics, 13.10.2020 20:01
question
Health, 13.10.2020 20:01
Questions on the website: 13722367