Goods that are movable at the time a security interest attaches, or begins are classified as:
a. tangible property
b. intangible property c. movable property
d. insubstantial property e. notable property
a
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Absolute liability to pay a negotiable instrument, subject to certain universal or real defenses is known as ________
A) primary liability B) secondary liability C) warranty liability D) signature liability
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Alicia has a tax credit of $100 and a marginal tax rate of 28%. Alicia's income tax will be reduced by how much as a result of the credit?
A) $28 B) $128 C) $100 D) None of the above; her taxes will increase by $100.
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