Examlex
Which of the following is true?
Article 9
A section of the Uniform Commercial Code in the United States that governs secured transactions involving personal property.
UCC
The Uniform Commercial Code, a set of laws governing sales and commercial transactions in the United States.
Perfection
A legal process that establishes a secured party's interest in the collateral, giving priority over other third-party claims.
Exoneration
The act of being cleared or absolved from blame, responsibility, obligation, or, specifically in legal terms, criminal charges.
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