Which of the Following Is the Designation for Property Acquired

question 49

Multiple Choice

Which of the following is the designation for property acquired by the debtor after a security agreement covering the property is made?

• A) Post-dated property.
• B) After-acquired property.
• C) Proceeds.
• D) Post-acquired property.
• E) Subsequently acquired property.

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Definitions:

Adult Human Skull

The bony structure that forms the head in the human skeleton, comprising 22 bones that protect the brain and form the structure of the face.

Bones

Rigid organs that form part of the endoskeleton of vertebrates, providing support, protection, and facilitating movement.

Facial Bone

Any of the bones surrounding and forming the human face, including the mandible, maxilla, and nasal bones.

Ethmoid

A spongy bone located between the eyes and forming part of the nasal cavity and the orbits of the eyes.