Which of the Following Is False Regarding Types of Collateral

question 19

Multiple Choice

Which of the following is false regarding types of collateral?

• A) Collateral may include farm products.
• B) Collateral may include goods such as equipment.
• C) Collateral may include indispensable paper such as documents of title.
• D) Collateral may include intangibles such as chattel paper.
• E) Collateral may include proceeds.

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Definitions:

Productivity

The efficiency at which products or services are created and delivered, often measured by the output per unit of input.

Performance

Refers to the effectiveness and efficiency of an action or behavior in achieving objectives or goals.

Motivational Theories

Theories that explain what drives individuals to initiate, direct, and sustain behaviors to meet their needs and goals.

Theory X

A management assumption that employees are inherently lazy and will avoid work if possible, hence the need for control and direct supervision.