Management and Organizational Studies 2275A/B Study Guide - Final Guide: The Employer, Standard Form Contract, Social Cost

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Chapter 17: remmie owns the associated rights to property, the buildings, and everything affixed to them located on that property, and the property itself. How is this particular asset likely to be classified: as chattel property, as intangible property, as real property, as tangible property. Ref: 402: what is the term choses in action synonymous with in law? tangible property a, pledged property intangible property c, non-portable items. Imabigbank has extended an operating line of credit to vandenbergers bulbs ltd. In exchange, vandenbergers had to provide an assignment of the corporation"s accounts receivable from its seasonal city garden contracts. What is the bank"s position? a. b. c. It acquired ownership of the right to collect the assigned accounts. It alone possesses the right to collect vandenbergers" accounts. It is using a very uneconomical method of protecting creditor rights to pledged property. It acquired possession of an assignment without obtaining right of ownership. d.