If an Owner Sells You Goods That Have Been Pledged

question 25

Multiple Choice

If an owner sells you goods that have been pledged as security for a loan,the claim against those goods is known as

• A)a contract pledge.
• B)a secured transaction.
• C)security interest.
• D)creditor interests.
• E)collateral.

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Definitions:

Troops Lose

indicates a situation where military forces suffer defeat or experience significant losses.

Tet Offensive

A major military campaign during the Vietnam War in 1968, conducted by the North Vietnamese forces and Viet Cong, marking a turning point in public perception of the war.

Eugene McCarthy

An American politician and senator who played a significant role in the anti-Vietnam War movement by challenging the incumbent President in the 1968 Democratic primary.

Democratic Nomination

The process by which the Democratic Party selects its candidate for a particular elected office, often involving primaries and caucuses.