ABC Company purchased some musical instruments from a wholesaler to sell in its store. ABC borrowed the money for this inventory from Redletter Bank who perfected a security interest by filing. Adams purchased a piano for his home since he wished to take piano lessons. This is strictly for personal, not business, use. Banner, a professional pianist, purchased a piano for his music studio. ABC defaults on its loans with Redletter Bank and the bank wishes to repossess the pianos from Adams and Banner. From which parties can Redletter Bank repossess?

A. Adams only.
B. Banner only.
C. Both Adams and Banner.
D. Neither Adams nor Banner.

D. Neither Adams nor Banner.

Business

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Bryan believes he is responsible for his actions, and he will conduct extensive searches before making a purchase. Mike's favorite phrase, when confronted by the need to make a decision, is "Whatever." In marketing terms, Bryan is said to have a(n) ________ and Mike, a(n) ________.

A. obsessive personality; laissez-faire approach B. internal locus of control; external locus of control C. formal search function; casual search function D. focused sense of information; unfocused sense of information E. increased search anxiety; decreased search anxiety

Business

Which of the following statements is true regarding interval scales?

a. They can measure absolute differences between scale points. b. The standard deviation cannot be calculated for interval scales. c. They are the highest level scale. d. They do not allow for comparison between measured objects. e. They are less powerful than ordinal scales.

Business