Under the UCC Secured Transactions Article, if a debtor is in default under a payment obligation secured by goods, the secured party has the right to
Reduce the claim to a judgment
Sell the goods and apply the proceeds toward the debt
Take possession of the good without judicial process
A. Yes, Yes, No
B. Yes, No, Yes
C. No, Yes, Yes
D. Yes, Yes, Yes
D. Yes, Yes, Yes
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Which of the following methods measure loan concentration risk by tracking credit ratings of firms in particular sectors or ratings class for unusual downgrades?
A. Migration analysis. B. Concentration limits. C. Loan loss ratio-based model. D. Moody's Analytics portfolio manager model. E. Loan volume-based model.
Membership in the American Institute of Certified Public Accountants (AICPA) is suspended without a hearing if a judgment of conviction is filed with the secretary of the institute as related to ________
A) the willful failure to file an income tax return B) a petty crime as defined under any state law C) a misdemeanor as defined under any state law D) an inability to file an income tax return