The brokerage is allowed to keep no more than $100 of the firm's money in a trust account.

a. true
b. false

Answer: b. false

Business

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Under the UCC Secured Transactions Article, what is the order of priority for the following security interests in store equipment?

I. Security interest perfected by filing on April 15, 2016 II. Security interest attached on April 1, 2016. III. Purchase money security interest attached April 11, 2016, and perfected by filing on April 20, 2016. A. I, III, II. B. II, I, III. C. III, I, II. D. III, II, I.

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Poor communication is the source of all conflicts

Indicate whether the statement is true or false

Business