Under Article 9 of the UCC, "Value" May Include Past

question 64

True/False

Under Article 9 of the UCC, "value" may include past consideration such as an antecedent debt.

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Definitions:

Employment

The state of having a paid job or profession, contributing one's labor in exchange for compensation.

Just Society

A community governed by fairness, equality, and justice, where all members have equal rights, opportunities, and treatment.

Women

Mature female humans.

Human Capital Theory

An economic perspective that regards individuals' skills, knowledge, and experience as valuable resources that enhance productivity.