All but Which of the Following May Be Used as Collateral

question 31

Multiple Choice

All but which of the following may be used as collateral in a secured transaction under UCC Revised Article 9?

• A) Bank deposit accounts.
• B) Personal injury tort claims of individuals.
• C) Tort claims of a corporation.
• D) A computer program if, by purchasing a computer, the buyer of the computer acquires the right to use that embedded program.
• E) Both b and c.

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Definitions:

Diuretic Effect

The increase in urine production by the kidneys, commonly induced by certain medications or substances, leading to reduced fluid retention in the body.

Eight-ounce Glasses

A common measurement used in the recommendation for daily water intake, suggesting the consumption of eight 8-ounce glasses of water a day for hydration.

Gas-producing Foods

Foods that increase gas in the digestive system, often leading to bloating and discomfort.

Rectal Tube

A flexible tube inserted into the rectum to relieve gas or administer medication or fluids.