Multiple Choice
Under Article 9 of the UCC, a pledge is:
A) the delivery of personal property to a creditor as security for the payment of a debt.
B) a requirement that the secured party and the debtor agree to certain collateral.
C) an equipment transfer before a forced sale.
D) a form of indispensable paper.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q27: A debtor need not sign the financing
Q28: What contractual defenses are available to those
Q29: The UCC defines a debtor's rights in
Q30: A car buyer in the ordinary course
Q31: In states which have adopted certificate of
Q33: If the surety is a(n) _, then
Q34: Mr. Chickilini is a surety for Wayne
Q35: Assume you are the creditor in each
Q36: A defense that can only be asserted
Q37: The right of exoneration allows the surety