Batch Department store sold a refrigerator to Conrad for his home. Conrad agreed to installment payments and Batch had him sign a security agreement. Batch did not file a financing statement. After having the refrigerator in his home for a time, Conrad quit making payments and sold it to Backus for use in her home. Backus was unaware that Conrad still owed Batch for the refrigerator. Batch is now seeking to get paid for the balance owed or to repossess the refrigerator. Which of the following statements is correct?
A. Batch can repossess the refrigerator from Backus, and Backus has the right to recover her money from Conrad.
B. Batch can repossess the refrigerator from Backus, but Backus has no right to recover her money from Conrad.
C. Batch has no right to repossess the refrigerator from Backus.
D. Batch has the legal right to collect from Backus the unpaid balance.
C. Batch has no right to repossess the refrigerator from Backus.
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Which of the following statements about social contracts is true?
A. Businesses are not obligated to fulfill social contracts. B. It codifies the expectations of business from society and other stakeholders. C. It is as clear-cut as the economic forces a business faces. D. It is partly expressed in law, but also resides completely in social values.
Salon Du Jour offers special combination packages at a reduced price. Separately, a haircut is $30 and a conditioning treatment is $35. But the combo price is $50. This is referred to as ________ pricing
A) by-product B) product bundle C) captive-product D) optional-product E) product line