If a supplier wants to be able to repossess goods if they are not paid for them they should
A) register a floating charge
B) register a conditional sales contract
C) register a PMSI
D) have the purchaser sign a personal guarantee
E) have the purchaser do an assignment of goods
Correct Answer:
Verified
Q60: A receiver is:
A)a name of one position
Q61: A guarantor can limit the amount owing
Q62: A bank must pay monies due under
Q63: Carol's mother died and Carol inherited a
Q64: A holder in due course may acquire
Q66: A guarantor does not have to pay
Q67: Which of the following statements is FALSE?
Q68: Personal property includes both tangible and intangible
Q69: The most convenient document for a bank
Q70: Cheques can be paid only to the
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