(SOLVED) Aaron bought a television set for personal use

from Penny
Aaron bought a television set for personal use from Penny. Aaron properly signed a security
agreement and paid Penny $125 down, as their agreement required. Penny did not file, and
subsequently Aaron sold the television for $800 to Clark, his neighbor, for use in Clark’s hotel
lobby.(a) When Aaron fails […]

Anita bought a television set from Bertrum for her personal use. Bertrum, who was out of
security agreement forms, showed Anita a form he had executed with Nathan, another
consumer.Anita and Bertrum orally agreed to the terms of the form. Anita subsequently
defaulted on payment, and Bertrum sought to repossess […]

Finley Motor Company sells an automobile to Sara and retains a security interest in it. The
automobile is insured, and Finley is named beneficiary. Three days after the automobile is
totally destroyed in an accident, Sara files a petition in bankruptcy. As between Finley and
Sara’s trustee in bankruptcy, who […]

Joanna takes a security interest in the equipment in Jason Store and files a financing statement
claiming ‘‘equipment and all after acquired equipment.’’ Berkeley later sells Jason Store a
cash register taking a security interest in the register and Files nine days after Jason receives
the register, or Files twenty-five […]

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Victor sells to Bonnie a refrigerator for $600 payable in monthly installments of $30 for twenty
months. Bonnie signs a security agreement granting Victor a security interest in the refrigerator.
The refrigerator is installed in the kitchen of Bonnie’s apartment. There is no filing of any
financing statement. Assume that […]

The shareholders of Endicott Johnson who had dissented from a proposed merger of Endicott
with McDonough Corporation brought a proceeding to fix the fair value of their stock. At issue
was the proper weight to be given to the market price of the stock in fixing its fair value. The […]

Wilcox was chief executive officer, chairman of the board of directors, and owner of 60 percent
of the shares of Sterling Corporation. When the market price of Sterling’s shares was $22 per
share, Wilcox sold all of his shares in Sterling to Conrad for $29 per share. The minority
shareholders […]

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