In the case in the text,Filer,Inc.v.Staples,Inc. ,the court held that Article 9 of the Uniform Commercial Code was inapplicable to the assignment because:
A)the assignment of accounts receivable was not simply for purposes of collection on the account.
B)the assignment of accounts receivable was not for a security interest.
C)the assignment was for the sale of goods.
D)the contract specifically prescribed that the assignment would be governed by common law.

Question

Quizplus · Accepted Answer

The court held that the assignment of accounts receivable was simply for purposes of collection on the account-not for a security interest.Since Article 9 of the Uniform Commercial Code only applies to security interests,it was inapplicable to the case.

In the Case in the Text,Filer,Inc