When a debtor sells collateral,he or she receives ________,something that is exchanged for collateral.
A) after-acquired property
B) consideration
C) proceeds
D) collateral
E) value
Correct Answer:
Verified
Q45: In a dispute between two secured parties
Q46: The transfer of collateral to a secured
Q47: What type of collateral must be perfected
Q48: A secured party's interest in proceeds lasts
Q49: Which of the following is an amendment
Q51: What type of paper indicates both a
Q52: What is the national standard for perfecting
Q53: A security interest in a trademark,copyright,or patent
Q54: Which of the following can be considered
Q55: A(n)_ good is a good used or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents