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Fund Credit Corporation Asks Gro-Sales Company to Agree to a Security

Question 5

Multiple Choice

Fund Credit Corporation asks Gro-Sales Company to agree to a security agreement that provides for coverage of the proceeds from the sale of after-acquired property. This is​


A) ​a first-in-time rule.
B) ​a floating lien.
C) ​a funds guaranty.
D) ​in violation of secured transactions law.

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