A Floating Lien "Floats" with an Item of Property,such as a Specific

question 30

True/False

A floating lien "floats" with an item of property,such as a specific piece of inventory,as its ownership transfers from seller to buyer.

---

Definitions:

Public Park

A plot of land set aside by a government or community for recreational use by the public, often maintained with public funds.

Socially Optimum

A condition in economics where the allocation of resources maximizes the overall utility or welfare of society.

Socially Optimum

The ideal level of production or consumption from the perspective of society as a whole, where social welfare, including both costs and benefits, is maximized.

Public Park

A region designated for the enjoyment and recreation of people or for safeguarding wildlife and natural habitats, consisting of natural, semi-natural, or intentionally planted spaces.