Multiple Choice
Home2U Stores, Inc., sells household consumer goods. To create a pur?chase-money security interest, Home2U must
A) assign, to a collecting agent, a portion of its accounts payable.
B) assign, to a collecting agent, a portion of its accounts receivable.
C) extend credit for part or all of the purchase price of the goods.
D) refer purchasers to a third-party lender.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Pizza Now!, a delivery, dine-in, or takeout
Q24: Town Loan Center agrees to loan Sara
Q24: On default, a secured party who chooses
Q25: The UCC requires that a financing statement
Q26: Perfection is usually accomplished without filing a
Q27: For a creditor to have an enforceable
Q30: When more than one party claims an
Q31: A buyer in the ordinary course of
Q32: Digital Devices is a retail seller of
Q33: Authentication means to sign, execute, or adopt