Multiple Choice
Whatever is received upon the sale, exchange, collection or other disposition of collateral is known as: ______.
A) goods.
B) paper.
C) proceeds.
D) security interest.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: A security interest needs to be perfected,
Q44: Javier buys a 3D TV and a
Q45: If the collateral is in the possession
Q46: In most states, _ provides that a
Q47: A financing statement must provide all of
Q48: A(n) _ statement is a document, which
Q49: Generally, a secured creditor who has repossessed
Q50: A debtor must have rights in the
Q51: When a state statute requires a security
Q53: Security agreements allow for "blanket" descriptions of