True/False
The attachment of the security interest to the collateral automatically gives the secured party a security interest in the proceeds of the disposal of the collateral by the debtor.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: A conditional sales contract is an example
Q17: If the creditor has possession of the
Q20: A security interest is not legally enforceable
Q24: Explain the meaning of a purchase money
Q38: The law covering security interests in personal
Q40: Change of possession is:<br>A)the most common way
Q41: In a field warehousing arrangement,perfection of a
Q43: The most common way of perfecting a
Q44: A retailer of consumer goods who relies
Q47: To be sufficient,a financial statement:<br>A)must not provide