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All but Which of the Following May Be Used as Collateral

Question 4

Multiple Choice

All but which of the following may be used as collateral in a secured transaction under UCC Article 9?


A) Stocks and bonds
B) Personal injury tort claims of individuals
C) Intellectual property rights
D) A computer program if, by purchasing a computer, the buyer of the computer acquires the right to use that embedded program

Correct Answer:

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