Multiple Choice
Excel Vehicles, Inc., makes and sells automobiles to auto dealers, including Fine Auto Sales. Fine sells the cars to consumers and businesses.
-Refer to Fact Pattern 24-1.Ira,a police officer,buys an Excel from Fine to drive in his off-duty hours.Ira's Excel is
A) a consumer good.
B) an accession.
C) equipment.
D) inventory.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: A continuation statement is effective only if
Q13: Khalil holds a security interest in inventory
Q33: The payment of John's debt to Kirsten
Q40: When two conflicting security interests are unperfected,
Q43: A security interest cannot be perfected without
Q44: Expert Capital Company and Frugal Financial Bank
Q46: Excel Vehicles, Inc., makes and sells automobiles
Q47: Under certain conditions, a purchase-money security interest
Q78: The payment of Frida's debt to Gianini
Q79: The payment of Mo's debt to Neil