Multiple Choice
Morefield Custom Design sends 30 recliners by rail to Danville Furniture.To show where the goods will be shipped and who gets them when they arrive,Morefield will obtain ____,which can be used as collateral in a secured transaction.
A) a warehouse receipt
B) a bill of lading
C) chattel paper
D) a deposit account
Correct Answer:
Verified
Correct Answer:
Verified
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