Which is not an element of attachment a the filing of

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Personal Financial Planning
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Chapter 7 / Exercise 7-10
Personal Financial Planning
Billingsley/Gitman
Expert Verified
17. Which is not an element of attachment? A ) The filing of a financing statement B ) A security agreement C ) Value received by the debtor D ) The debtor has rights in the collateral
18. ISP Corporation is an Internet service provider. Name three (3) ways that ISP can obtain capital to finance its operations? 4
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Personal Financial Planning
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Chapter 7 / Exercise 7-10
Personal Financial Planning
Billingsley/Gitman
Expert Verified
__Debenture_________________________ _ _ _note ____________________ __ __bond_______________________ 19. Which of the following will affect the perpetual life of a corporation?
THE FOLLOWING QUESTION #24 IS VALUED AT 50 POINTS 20. The stockholders of the Apex Corporation attended a special meeting of the stockholders called to discuss matters of extreme urgency to the corporation. A quorum was not present when the meeting opened, nor was a quorum present when the matters to be treated in the meeting were discussed. Management, however, felt that the importance of the issue was significant enough to warrant continuation of the meeting without a quorum, and the stockholders voted on the issues presented during the meeting. During the last fifteen (15) minutes of the meeting, just prior to the cocktail hour regularly attended by many stockholders, enough stockholders had arrived to constitute a quorum. Were the issues of this meeting dealt with in a valid manner? EXPLAIN YOUR ANSWER FULLY No. The issues of this meeting were not dealt with in a valid manner. A majority of shares entitled to vote must be present. Or another person must be selected to vote in the shareholders place on their behalf in order for there to be a quorum to hold the meeting. Also a corporation is required to give advance notice of the place, time, and day of an annual meeting along with at least 10 days’ notice or max of 50 days’ notice in person or by mail and if not given or is defective any action taken at meeting is void. 21. A bond: .
22. Which of the following is true of the bankruptcy procedure?
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proceeding.

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