Answered

Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Which of the following is incorrect regarding value and secured interests?
Multiple Choice
A. The secured party must give value.
B. According to the Uniform Commercial Code (UCC), value is consideration.
C. The secured party need not give value. Inventory can constitute value.
D. Equipment can constitute value.

Sagot :

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.