Examlex
Which of the following statements describes the Sheppard-Towner Act of 1921,which gave federal assistance to states seeking to reduce high infant mortality rates?
Farm Products
Goods involved in farming operations, including crops, livestock, and products obtained from crops or animals (like milk or wool).
Financing Statement
A document filed to give public notice to third parties of a secured party's interest in the property of a debtor, typically used in securing transactions under the UCC.
Purchase-Money Security Interest
An interest in the property that secures payment or performance of an obligation where the property is purchased, giving the creditor rights in the purchased property.
Collateral
Assets or properties pledged by a borrower to secure a loan or obligation, ensuring the lender can recover the loaned funds in case of default by selling the collateral.
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