Which of the Following Is True of a Collateral Note

question 13

Multiple Choice

Which of the following is true of a collateral note?

• A)The collateral cannot consist of stocks or bonds.
• B)It is a note secured by a third person's guarantee.
• C)It is a note secured by personal property.
• D)The collateral cannot consist of some tangible personal property.

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Definitions:

Newborns

Infants in their first days and weeks of life, particularly the period immediately following birth.

Preference

The selection of one item, idea, or action over another based on subjective likes or dislikes.

Mother's Voice

The auditory recognition by infants and children of their mother’s voice, which is known for its comforting and bonding effects.

Moro Reflex

An involuntary startle response seen in newborns, which is a sign of normal neurological development.