Under Article 9 of the UCC,whatever is received upon the sale,exchange,collection,or other disposition of collateral,is classified as:

Question

Quizplus · Accepted Answer

According to Article 9 of the UCC, whatever is received upon the sale, exchange, collection, or other disposition of collateral is classified as proceeds. Therefore, choice A is the correct answer. Goods refer to tangible personal property that can be seen, touched, and moved, while documents refer to papers and records. Value is a broader term that can refer to any numerical worth, including non-tangible assets like intellectual property or reputation.

Under Article 9 of the UCC,whatever Is Received Upon the Sale,exchange,collection,or