In the case in the text,Palmatier v.Wells Fargo Financial National Bank,the court held that:
A)the sales order ticket proved that value was not given.
B)the sales order ticket failed to describe the collateral.
C)the sales order ticket failed to incorporate the terms of the credit card agreement.
D)the sales order ticket created a perfected purchase money security interest in the furniture.

Question

Quizplus · Accepted Answer

The court held that the information contained in the sales order ticket met the requirements for a security agreement.

In the Case in the Text,Palmatier V