Entrepreneur Auto Rentals owes Sole Saver Auto Dealership $20,000. Entrepreneur executes a note to Sole Saver as security for the debt. This security

a. does not constitute sufficient consideration for HDC status.
b. does not satisfy the value requirement for HDC status.
c. satisfies the consideration requirement for HDC status.
d. satisfies the value requirement for HDC status.

D

Business

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The sequence of suppliers that contribute to creating and delivering a product is known as the ___________

a. tactical control b. supply chain c. dashboard d. balanced scorecard

Business

Craddock Company issued 6%, 10-year bonds with a face amount of $1,000,000 for $1,020,000. The bonds pay interest semi-annually on June 30 and December 31 of each year. The semi-annual straight-line amortization of the premium on bonds payable will

A. increase interest expense by $20,000 B. not impact interest expense or the carrying value of the bond C. decrease interest expense by $1,000 D. decrease interest expense by $1,000

Business