Which One of the Following Concepts Applies to the Façade

question 66

Multiple Choice

Which one of the following concepts applies to the façade of legitimacy?

• A)complete analysis
• B)well-documented and supported assertions
• C)misleading arguments
• D)strong premises

---

Definitions:

Personal Property Securities Act

Legislation governing the registration and enforcement of security interests in personal property other than real estate.

Chattel Mortgage

A form of secured loan where personal movable property is used as collateral for the loan, without surrendering possession of the property.

Conditional Sales Contract

A contractual arrangement in which the sale of a property or item is not finalized until all the conditions outlined in the contract are met.

Purchase Money Securities Interest

A legal claim that allows a lender to have priority in a debtor's asset, provided the loan was used to purchase the asset.