ACC 575 (ACC 575)

Simpson, Ogden Corp.'s agent, needs a written agency agreement to 2. Which of the following claims would have the highest priority in the distribution of a bankruptcy estate under the liquidation provisions of Chapter 7 of the Federal Bankruptcy Code if the petition was filed June 1, 2005? 3. A party who filed a security interest in inventory on April 1, would have a superior interest to which of the following parties? 4. Carr Corp. sells VCRs and video tapes to the public. Carr sold a...

Pulse Corp. maintained a warehouse where it stored its manufactured goods. Pulse received an order from Star. Shortly after Pulse identified the goods to be shipped to Star, but before moving them to the loading dock, a fire destroyed the warehouse and its contents. 2. For a person to be holder in due course of a promissory note 3. Cey Corp. entered into a contract to sell parts to Deck, Ltd. The contract provided that the goods would be shipped "F.O.B. Cey's warehouse." Cey shipped p...