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    Smith and Robersons Business Law
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    Exam 37: Secured Transactions and Suretyship
  5. Question
    The Same Item May Be Classified as Either Equipment or Consumer
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The Same Item May Be Classified as Either Equipment or Consumer

Question 34

Question 34

True/False

The same item may be classified as either equipment or consumer goods,depending on how it is used by the debtor.

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