Masterview,Inc

question 20

True/False

Masterview,Inc.purchased a new computer system,which included some computer programs.When Masterview developed financial troubles,two competing creditors of Masterview claimed the right to repossess the computer system and the programs.The UCC distinguishes "software" from "goods" and treats them differently for some purposes,which would be important in this situation.

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Definitions:

Percentage Form

A representation of a number as a fraction of 100.

Value

The importance, worth, or usefulness of something, typically measured in monetary terms or significance.

Stocks

Shares of ownership in a company, representing a claim on the company's earnings and assets.

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Fixed-income instruments that represent a loan made by an investor to a borrower, usually corporate or governmental, which pays back the face value at maturity, along with regular interest payments.