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Which of the Following Is True Regarding What May Constitute

Question 45

Multiple Choice

Which of the following is true regarding what may constitute collateral?


A) Goods and intangibles may constitute collateral,but indispensable paper and proceeds may not.
B) Goods may constitute collateral,but indispensable paper,intangibles,and proceeds may not.
C) Goods,indispensable paper,intangibles,and proceeds may all constitute collateral.
D) Goods and proceeds may constitute collateral,but indispensable paper and intangibles may not.
E) Goods,indispensable paper,and intangibles may constitute collateral,but proceeds may not.

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