The American interpretation of the term "exchange contracts" excludes securities contracts

Indicate whether the statement is true or false

True

Business

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Which of the following types of security agreements can be utilized by a bank that wishes to take a security interest in both the manufacturing equipment and accounts receivable of a borrower?

A) conditional sale B) assignment of accounts receivable C) general security agreement D) chattel mortgage E) guarantee

Business

Stock prices reflect the expected future cash flow of the company

Indicate whether the statement is true or false.

Business