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    Exam 14: Secured Transactions and Bankruptcy
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    Vicor,IncHolds a Patent on a Drug
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Vicor,IncHolds a Patent on a Drug

Question 23

Question 23

True/False

Vicor,Inc.holds a patent on a drug.Vicor used the patent to secure a $1 million loan from First Bank.The patent is a general intangible.

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