Which of the Following Statements Is Incorrect

question 18

Multiple Choice

Which of the following statements is incorrect?

• A) The debtor and obligor in a secured transaction may be different persons.
• B) A corporation may electronically authenticate a loan agreement by using the Internet to transmit a public-key signature.
• C) Attachment is a series of steps the secured party must complete to protect its rights in collateral against people other than the debtor.
• D) The UCC distinguishes software from goods.

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Definitions:

Sample

A subset of individuals, items, or data taken from a larger population for the purpose of analysis.

Nominal

Pertaining to data classification where categories are named in an unordered manner, used for qualitative, non-numerical information.

Level Of Measurement

The nature of information within data, including nominal, ordinal, interval, and ratio categories, reflecting the degree of quantitative information they hold.

Learning Management System

A software application for the administration, documentation, tracking, reporting, and delivery of educational courses, training programs, or learning and development programs.