Brass & Woodwind Instruments, Inc, allows Clifton to keep a professional clarinet that he bought from Brass & Woodwind even though he has not paid the full price. Brass & Woodwind's legally sufficient financing statement in the goods need not include
A) a description of the collateral
B) a statement of the reason for allowing Clifton to take the goods.
C) Brass & Woodwind's name.
D) Clifton's name.
B
Business
You might also like to view...
Which of the following would not be included among the costs of carrying inventory?
A) obsolescence B) opportunity cost of capital C) risk of pilferage D) raw material cost
Business
Which of the following will be included in manufacturing overhead costs?
A) indirect labor and indirect materials used B) salaries of salesmen C) direct materials and direct labor D) delivery costs to ship goods to customers
Business