Author Question: All but which of the following may be used as collateral in a secured transaction under UCC Article ... (Read 62 times)

ahriuashd · **on:** Jun 24, 2018

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) Copyrights and patents
D) Investment property

Question 2

First Federal loaned Madeline 20,000 to purchase a new van. The van was for Madeline's personal and family use. First Federal's security interest is a purchase money security interest which perfects only upon filing a financing statement.
Indicate whether the statement is true or false