Multiple Choice
Capital Inc. holds a security interest in Discount Retail Company's inventory. The parties agree that the interest will continue in the collateral even if it is sold, exchanged, or disposed of in some other way. This is
A) a floating lien.
B) a purchase-money security interest.
C) a right of redemption.
D) a right to subrogation.
Correct Answer:
Verified
Correct Answer:
Verified
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