Which of the Following Is True Regarding What May Constitute

question 45

Multiple Choice

Which of the following is true regarding what may constitute collateral?

• A)Goods and intangibles may constitute collateral,but indispensable paper and proceeds may not.
• B)Goods may constitute collateral,but indispensable paper,intangibles,and proceeds may not.
• C)Goods,indispensable paper,intangibles,and proceeds may all constitute collateral.
• D)Goods and proceeds may constitute collateral,but indispensable paper and intangibles may not.
• E)Goods,indispensable paper,and intangibles may constitute collateral,but proceeds may not.

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