Multiple Choice
Danson Corp.sends 15 snow blowers by rail to Gene Hardware.To show where the goods will be shipped and who gets them when they arrive,Danson will obtain ____,which can be used as collateral in a secured transaction.
A) a warehouse receipt.
B) chattel paper.
C) a bill of lading.
D) a certificate of deposit.
Correct Answer:
Verified
Correct Answer:
Verified
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