A Security Interest May Attach to Intangible Collateral but Cannot

question 19

True/False

A security interest may attach to intangible collateral but cannot be perfected.

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Definitions:

Proofreading Error

A mistake made during the process of reviewing and correcting written material before it is finalized or published.

Spell Check

A tool or feature that identifies and corrects misspellings in text, improving the accuracy and readability of written material.

Parallel Structure

The repetition of a chosen grammatical form within a sentence, making it more symmetrical or balanced in construction.

Plant Equipment

Industrial tools and machinery used for the manufacturing process in factories and production sites.