Can bank one attach the 100 stereo systems

Assignment Help Business Management

Reference no: EM1393611

Q. Connecticut Electronics Retailer ("CER") borrows $1,000,000 from Bank One also provides Bank One a security interest in, among other things, its inventory, equipment also accounts. Bank One files a financing statement with the Connecticut Secretary of State's office covering all this also after acquired collateral. CER buys 100 stereo systems from Stereo Manufacturer on credit, executing a security agreement granting Stereo Manufacturer a security interest in the stereo systems. CER defaults on its loan payments to Bank One.

Can Bank One attach the 100 stereo systems CER bought from Stereo Manufacturer?

Reference no: EM1393611

Questions Cloud

What elements in the present environment might contribute : Explain why inter organizational partnerships so important for today's industries? Illustrate what elements in the present environment might contribute to either an increase or decreases in inter organizational collaboration? Discuss.

Does tv land or computer land to file a financing statement : If you fail to make your payments to TV Land, do they have a claim to your Computer? Does TV Land or Computer Land have to file a financing statement.

Molecules of bacteriorhodopsin and atp synthase : Assume you have reconstituted into same membrane vesicles purified bacteriorhodopsin, which is light drive H+ pump from a photosynthetic bacterium, and purified ATP synthase from ox heart mitochondria.

Islamic dress code observed by immigrant women secretaries : How would you handle the problem of several of your French managers objecting to the Islamic dress code observed by immigrant women secretaries?

Can bank one attach the 100 stereo systems : CER buys 100 stereo systems from Stereo Manufacturer on credit, executing a security agreement granting Stereo Manufacturer a security interest in the stereo systems. CER defaults on its loan payments to Bank One.

What may explain american society''s greater tolerance : What may explain American society's greater tolerance for publicly expressed differences in religious or cultural behavior?

Explain nationalist groups to oppose headscarves : What are the likely motivations of the first group and what probably incites the nationalist groups to oppose headscarves?

Determine the pheontype for f1 generation : In a Mendel assignemnt, I was given F2 generation of ear corns yellow plump, yellow shrunken, purple plum, and purple-shrunken with a phenotype ratio of 9:3:3:1.

What are the mandatory use of headscarves : Develop a cultural relativist approach and take sides in the events depicted in the case, accordingly. What can you say about the mandatory use of headscarves in Iran?

User Account

All Pages