Thursday
August 21, 2014

Homework Help: business law

Posted by Shennell Witcher on Monday, September 10, 2012 at 5:35pm.

You are the chief executive officer of Money Games Inc.(MGI), which has begun to market Borrow & Spend, a video game set in the world of finance. To buy ads, MGI borrows $50,000 from First Savings Bank. On MGI's behalf, you sign a note for the loan and offer its accounts receivable as collateral. You sign a security agreement that describes the collateral. The bank does not file a financing statement.

Has the banks security interest attached?
If so, when?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Business - You are the chief executive officer of Money Games Inc.(MGI), which ...
math - haris has 20.92 to spend on videos-games rentals at a local video store. ...
business - What are the advantages of having an ethics office or officer report ...
math - rick has a collection of 6 video games. he lets his best friend borrow 2/...
math - The admission fee to a video game arcade is $2.00 per person, and it ...
Business law course - I am given a project to Develop and Incorporate a Business...
government - The governor is the chief executive officer in the state. Which ...
Math - Mrs.Wallace wants to buy 1 1/2 gallons of sour cream for a recipe If sour...
Algebra 2 - the demand for a new video game is given by the function p(x)= -x^2...
math 2 - A video arcade offers 6 free games to first time costomers. Each game ...

Search
Members