An example of chattel paper is a:
A)dock warrant.
B)bill of lading.
C)document of title.
D)conditional sales contract.

Name: An example of chattel paper is a: A)dock warrant. B)bill of lading. C)document of title. D)conditional sales contract.
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Question

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A typical example of chattel paper is what is commonly known as a conditional sales contract.This is the type of contract that a consumer might sign when she buys a large appliance such as a refrigerator on a time-payment plan.

An Example of Chattel Paper Is A