sydneylove1949 sydneylove1949
  • 08-06-2024
  • Business
Answered

Which of the following is incorrect regarding value and secured interests?
Multiple Choice
A. The secured party must give value.
B. According to the Uniform Commercial Code (UCC), value is consideration.
C. The secured party need not give value. Inventory can constitute value.
D. Equipment can constitute value.



Answer :

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