According to Piaget,the Process of Changing Existing Schemes to Adjust

question 42

Multiple Choice

According to Piaget,the process of changing existing schemes to adjust to new information is called

• A)organization.
• B)accommodation.
• C)assimilation.
• D)disequilibrium.

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Definitions:

Security Interest

A legal claim or lien on assets which secures the performance of an obligation, usually repayment of a loan.

Present and After-Acquired Equipment

Refers to a security interest in equipment that a borrower currently owns and any equipment they will acquire in the future.

Unperfected

A legal term describing a security interest or lien that has not been properly filed or recorded, and therefore does not have priority over claims made by other creditors.

Financing Statement

A document filed to give public notice of a security interest in personal property, thereby protecting the interests of secured creditors.