Law & Legal Issues
If you did a UCC-1 security agreement and took on liability for a registered thing but then signed it over to someone else how do you regain control?
Can a leasing company consider it a repossession if you turn a leased car in early?
Yes when a leasing company regains control of an asset it is still considered a Repossession repossession is much easier in a lease agreement than it is in a finance agreement due to the fact that the asset is owned by the leasing company, in a finance agreement you control ownership and the bank only holds security in the asset.
Asked in Personal Finance, Loans, Money Management
How do you assign a CDARS account as collateral for a loan?
If you intend to borrow from the custodian (the institution through which you placed your order for the CDs), you and the institution enter into a security agreement that establishes the institution's security interest in the CDs. No separate control agreement is necessary, since the institution's security interest in the CDs is perfected by the institution's control of the CDs as your custodian. If you fail to repay the loan, the institution will be able to recover the amount of the loan when the CDs mature, since the payment of principal and accrued interest must come through the custodian institution.
What is the difference between Accountability and liability?
Asked in Microsoft Windows, Computers, Windows XP
What is the difference between computer Administator user and a computer Registered user?
Asked in Database Programming
What is security control related to information systems?
Asked in Law & Legal Issues
Who has legal control of a website?
Asked in Business and Industry, Hotels and Lodging
Why key control is an important security issue for a hotel?
Asked in Britain in WW2, Germany in WW2, Adolf Hitler
What was the agreement between Germany and Great Britain that gave Hitler control of Sudetenland?
Asked in Antarctica
What is the name of the agreement which determined the control of Antarctica?
Asked in Nursing
Can a registered nurse write a prescription for a control substance?
Asked in US Foreign Policy
Which country did the Taft-Katsura Agreement suggest that America would support Japanese control of?
Asked in Computers
In terms of computer security what is the security access control needed for?
What kind of security control I got with a fleet tracking system?
Operating agreements establish the financial rights, powers and duties of the members of a Limited Liability Corporation (LLC). This operating agreement creates the structure for the LLC regarding financial and management control over capital accounts, profit distribution, tax responsibility and other issues.