True/False
Grund,a night club performer,financed the purchase of a drum set to be used in his night club act.The collateral is classified as a consumer good.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q39: The property that is subject to the
Q40: When a seller sells on credit and
Q42: A security interest gives a creditor the
Q43: A security interest that is effective against
Q45: An interest in personal property or fixtures
Q47: The concept of perfection concerns:<br>A) the creation
Q48: A(n) _ statement is a document, which
Q48: A financing statement must provide:<br>A) the name
Q49: Perfection can occur merely by possession of
Q52: Whatever is received upon the sale, exchange,