True/False
The same item may be classified as either equipment or consumer goods,depending on how it is used by the debtor.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q29: A surety agreement must always be in
Q30: A security interest in fixtures,such as furnaces,central
Q31: In which of the following situations would
Q32: Inventory includes:<br>A) goods held for sale or
Q33: First Bank loaned $100,000 to Marlin's Store
Q35: If Sharpe Finance Co.has a secured interest
Q36: Automatic perfection would occur in which situation
Q37: Dr.Wells purchased a refrigerator for use in
Q38: Bella is considering the possibility of becoming
Q39: Revised Article 9 removes the requirement of