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MGMT 209 - Chapter 13 || A+ Graded Already. CA$15.03   Add to cart

Exam (elaborations)

MGMT 209 - Chapter 13 || A+ Graded Already.

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  • MGMT 209 - Chapter 13
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  • MGMT 209 - Chapter 13

Who is the party to whom a debt is owed to? correct answers Creditor Who is the party that owes a debt? correct answers Debtor Who owns a security interest? correct answers Secured Creditors What gives a secured creditor claims in specified property of the debtor? correct answers Security ...

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  • August 17, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • MGMT 209 - Chapter 13
  • MGMT 209 - Chapter 13
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MGMT 209 - Chapter 13 || A+ Graded Already.
Who is the party to whom a debt is owed to? correct answers Creditor

Who is the party that owes a debt? correct answers Debtor

Who owns a security interest? correct answers Secured Creditors

What gives a secured creditor claims in specified property of the debtor? correct answers
Security Interest

Real estate and PMSI are two types of what? correct answers Secured Creditors

What is a normally written agreement that gives the creditor the right to seize the collateral?
correct answers Security Agreement

What is property that is specified in a security agreement to secure a debt? correct answers
Collateral

What gives the holder priority over other secured creditors over the secured property? correct
answers PMSI

What is the property that the debtor buys after an initial transaction? correct answers After-
Acquired Property

What does it mean when the secured party's security interest will be paid before the other secured
parties' interests and those of the unsecured creditor? correct answers Priority

What gives you the right to hold the debtor's property in certain situations to satisfy the debt,
giving you some priority over the other creditors of the debtor? correct answers Lien

Who is someone that provides services or labor to the debtor on the debtor's personal property?
correct answers Artison

A dry cleaning store and shoe repair store are examples of what? correct answers Artisan's Lien

What is the name of a purchaser paying full value when they didn't know of the possible lien?
correct answers Bona Fide Purchaser

What kind of lien is available to garages or mechanics? correct answers Worker's Lien

Farmers and building owners on tenants' property are two types of what? correct answers
Landlord's Lien

What type of landlord lien applies to crops for the growing season? correct answers Farmers

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