Suzy wants to borrow cash from Bruce. She offers him a security interest in her neighbor's diamond ring, which she has been told that she or her sister will receive after their neighbor passes away. Regarding Suzy's proposal, which of the following statements is true?

A) Bruce cannot take a security interest in the ring, because Suzy does not have rights to the collateral.
B)Bruce must have the ring in his possession or have a written agreement from Suzy describing the ring in order to obtain a security interest in it.
C)Suzy must not have legal rights to the ring if she is going to give Bruce a security interest.
D)Suzy must not give Bruce something of value as a security interest.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance