menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Business Law and the Legal Environment Study Set 2
  4. Exam
    Exam 37: Secured Transactions and Suretyship
  5. Question
    "Value" Under Article 9 of the UCC Is Defined as Including
Solved

"Value" Under Article 9 of the UCC Is Defined as Including

Question 39

Question 39

Multiple Choice

"Value" under Article 9 of the UCC is defined as including:


A) consideration under contract law.
B) a binding commitment to extend credit.
C) antecedent debt.
D) All of these.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q34: Thomas borrowed $100,000 from First Bank, which

Q35: First Finance Company filed its financing statement

Q36: Article 9 of the UCC governs financing

Q37: Explain how the 1998 Revisions to Article

Q38: Upon the surety's payment of the principal

Q40: Willton Bros. obtains from Marbowe Manufacturing a

Q41: A bond, which guarantees the performance of

Q42: If the principal debtor defaults, the surety

Q43: If the debtor is in default and

Q44: A security interest in electronic chattel paper

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines