8. Each of the following owns a Omnongtron food processor: Diners Restaurant; Eve, a consumer; Frank, a cooking-school student; and Target Deals, a discount store. As collateral, the processor that would be classified as inventory is owned by _____ a. Diners Restaurant. b. Target Deals. c. Frank. d. Eve.

9. Penny is an authorized agent for Brad Pitt, a movie star. Penny with actual authority signs a contract with Columbia Pictures for Brad Pitt to play in a movie about aliens that land in Montana and become farmers. For the contract to be binding on Brad Pitt, it must be signed by ____ a. Penny and Brad Pitt. b. Penny only. c. Columbia Movies only. d. Filed and signed with the secretary of state.

10. Paul employs Executive Personnel Agency as an agent. They sign a written agreement that describes the rights and duties of both parties. This is an example of _____ a. express actual authority. b. apparent authority. c. implied actual authority. d. none of the above.

11. Lora is the sole proprietor of Diners Caf, which owes debts in an amount more than Lora believes she and the caf can repay as the debtors now demand. The creditors agree that liquidating the business would not be in their best interests. To stay in business, Lora could file bankruptcy under ____ a. Chapter 12 b. Chapter 7 c. Chapter 13 d. Chapter 9