Which Statement Is Correct Regarding a Secured Party's Interest in Proceeds

question 87

Multiple Choice

Which statement is correct regarding a secured party's interest in proceeds when a debtor sells collateral?

• A)The secured party may not acquire a security interest in proceeds.
• B)A secured party has an interest in proceeds only if a financing statement is filed on the proceeds.
• C)A secured party automatically has an interest in proceeds.
• D)A secured party has an interest in proceeds only if the proceeds are taken into the possession of the secured party.
• E)A secured party has an interest in proceeds only if the secured party has a signed statement from the debtor granting an interest in proceeds.

Recognize the use and approval process of purchase orders in healthcare.

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Definitions:

Socializing Influences

Forces that shape individuals' behaviors, beliefs, and identities through social interactions and cultural norms.

Mass Media

Various means of communication that reach large numbers of people, such as television, newspapers, and the internet.

Self-Socialization

The process by which people, especially children, learn and internalize social norms and expectations through personal choices and interactions, rather than through direct teaching.

Mass Media

Channels of communication such as television, newspapers, radio, and the internet that reach a large audience, influencing public opinion and disseminating information.