Which of the Following Statements Concerning an Unpaid Supplier of Goods

question 69

Multiple Choice

Which of the following statements concerning an unpaid supplier of goods to a bankruptcy business is correct?

• A)An unpaid supplier has a right to take back all goods that have not been paid for.
• B)An unpaid supplier of goods is a secured creditor to the extent of the value of the goods not paid for.
• C)An unpaid supplier of goods is an unsecured creditor.
• D)A supplier can repossess all goods supplied but not paid for under a purchase money security interest registered under a Personal Property Security Act.
• E)Both C and D

---

Definitions:

Meditation

A mental practice involving concentration or mindfulness, aimed at achieving a mentally clear and emotionally calm state.

Hypnosis

A trance-like state of focused attention, increased suggestibility, and heightened imagination, often used for therapeutic purposes.

Dissociation

An intellectual activity resulting in a disruption of an individual's thought process, memory, and identity awareness.

Perspective

A particular attitude towards or way of regarding something; a point of view.