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Under Article 9 of the UCC, a Pledge Is

Question 32

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.

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