Examlex

Solved

Protection for a New Method of Encasing Wiring Inside a Laptop

question 26

Multiple Choice

Protection for a new method of encasing wiring inside a laptop computer is available:


Definitions:

Collateral

an asset or property that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.

Buyer

A person or organization that acquires goods or services from a seller in exchange for money.

Ordinary Course

Activities that are carried out in the normal and usual way of conducting business.

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, normally repayment of a loan.

Related Questions