Multiple Choice
Fact Pattern 29-1A (Questions A11-A13 apply)
Luxuro Vehicles,Inc.,makes and sells automobiles to auto dealers,including MotorPros Auto & Truck Sales.MotorPros sells the cars to consumers and businesses.
-Refer to Fact Pattern 29-1A.A car in MotorPros's possession is most likely
A) a consumer good.
B) an instrument.
C) equipment.
D) inventory.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: A continuation statement will continue the effectiveness
Q12: Mona lives in New Jersey,but she works
Q13: OK Investments,Inc.,files a financing statement to provide
Q14: Saf-T Lenders,Inc.,takes possession of Tiara's stock in
Q15: Hal's Hardware store defaults on a debt
Q17: Olive borrows from Polo and Quennell,using the
Q17: Once default has occurred and the secured
Q18: The payment of Hu's debt to Ian
Q20: A financing statement is effective for no
Q21: The state office in which a financing