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Parker has a part-time job picking apples. Let the random variable A represent the number of baskets of apples picked each day. The distribution of A has mean 4.5 baskets and standard deviation 1.3 baskets. Parker is paid $65 per day plus $5 per basket. What are the mean μ and standard deviation σ of Parker's daily pay?

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Al Bundy owns and operates a women's shoe store. In addition to shoes, the store sells belts and purses. Citibank has agreed to loan Bundy necessary funds for operating expenses. Bundy has signed a security agreement granting Citibank a security interest in all of the shoes, belts and purses. To be effective, the security agreement can describe the collateral as:Group of answer choices:a) All of the debtor's inventory.b) All of the debtor's personal property.c) Any of the choices.d) All of the debtor's assets.

Walmart sells household appliances. The Fitness Center buys some appliances from Walmart to furnish its lounge for use by its members. Many customers of Walmart however buy the appliances for their own houses. National Bank intends to make a loan to The Fitness Center and wants to take a security interest in the appliances that The Fitness Center buys from Walmart. How should the security agreement describe the appliances using the code classification?Group of answer choices:a) Inventory, equipment and consumer goods.b) Inventory.c) Equipment.d) Inventory and equipment.

Maximilian M. Miltzlaf signed a security agreement to put up his art collection as collateral and got a loan from Slippup Bank. Slippup Bank filed a UCC financing statement, but misspelled the debtor's name as"Maximilian M. Milztlaf." A search of the state's UCC records using its standard search logic under the debtor's correct name does not disclose the financing statement. Is the financing statement effective? a) Yes. Even though the debtor's name was slightly misspelled, it was not seriously misleading.b) No. The error is deemed seriously misleading, because a search using the correct name does not disclose the statement filed with the incorrect name.c) It depends on whether other creditors had been misled by the inaccurate filing.d) It depends on whether a search with the incorrect name would dis. close the financing statement filed under the correct name.e) Yes, as long as the collateral is described correctly. The debtor's name is not important.

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