On March 1, Green went to Easy Car Sales to buy a car. Green spoke to a salesperson and agreed to buy a car that Easy had in its showroom. On March 5, Green made a $500 down payment and signed a security agreement to secure the payment of the balance of the purchase price. On March 10, Green picked up the car. On March 15, Easy filed the security agreement. On what date did Easy’s security interest attach?a. March 1.
b. March 5.
c. March 10.
d. March 15

Answers

Answer 1
Answer:

Answer:

C: March 10

Explanation:

In this scenario he signed the security agreement on the 5th of March, picked up the car on the 10th of March, and filed the security agreement on the 15th of March.

Even though he signed the agreement on the 5th of March (which would be believed is the day that the security interest is attached), he only took it into his possession on the 10th. Only once you take the car into your possession does the security interest attach, since it is no longer in the possession of the car dealer.


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Assume that a company paid $ 9 per share to purchase 1 comma 600 shares of its $ 2 par common stock as treasury stock. The purchase of treasury stock.

Answers

Answer:

decreased total equity by $14,400

Explanation:

The treasury stock reduced the balance of the stockholder equity as the issuing company buys this stock back.

Given that

Number of shares purchased = 1,600 shares

Paid per share = $9

Common stock = $2

So, the treasury stock would be

= Number of shares purchased × per share

= 1,600 shares × $9

= $14,400

The journal entry would be

Treasury Stock A/c Dr $14,400

            To Cash A/c $14,400

(Being treasure stock is purchased for cash)

The most economical way to purchase large items, such as furniture, is to buy with?

Answers

The correct answer is to buy the furniture with cash. If you were to buy furniture with credit, you likely would gain interest on the original price, which means you would end up paying more than just the original price. If you were to pay in cash, the furniture would be paid in full and there would be no future payments.

The most economical way to purchase large items is through cash.

What is Cash?

This can be defined as a legaltender that can be used to exchange goods, debt, or services.

Using cash for purchases is direct and doesn't involve issues of paying ,more as a result of interests which may have been accrued which makes it an economical way to purchase large items.

Read more about Cash here brainly.com/question/735261

The trade winds from both hemispheres meet near the equator in a region that has a weak pressure gradient. This region is called the A. polar easterlies B. prevailing westerlies C. horse latitudes D. doldrums

Answers

Answer:

The correct answer is d) doldrums

Explanation:

Doldrums: Are winds of the north of the equator between the northern and southern trade winds in the oceans

One of the DCs in your company reports that it has an Active Directory error. You need to fix it as quickly as possible to reduce downtime. Which of the following tools can you use to stop and restart AD DS on that server? (Choose all that apply.)a. Active Directory Domains and Trusts
b. Server Manager
c. Device Manager
d. Active Directory Users and Computers

Answers

Answer:

The correct answer is B

Explanation:

Server manager is the management which console in the Windows server, that helps the professionals of IT to manage as well as for provision both remote and local Windows grounded servers from the desktops without the need to enable the RDP (stands for Remote Desktop protocol) connections to the server.

So, Server manager tool or technique is needed to restart as well as stop the AD and DS on the server.

Inflows or other enhancements of assets of an entity or settlements of its liabilities from delivering or producing goods, rendering services, or other activities that constitute the entity's ongoing operations. ___________

Answers

Answer:

REVENUES

Explanation:

Revenue, often referred to as sales, are the inflows or other enhancements of assets of an entity or settlements of its liabilities (Income) received from the entity's ongoing operations. Includes discounts and deductions for returned merchandise. It is the first income on a company's Income Statement from which all charges, costs, and expenses are subtracted to arrive at net income.

Which of the following will typically offer the lowest interest rate?A.Basic savings
B.Certificate of deposit
C.Savings bond
D.Money market savings

Answers

I think the correct answer from the choices listed above is option A. The basic savings that will typically offer the lowest interest rate. The Basic Savings Accounts is the most affordable interest earning savings account offered by the Bank. Hope this answers the question.