Perfection of a security interest under the UCC by a creditor provides added protection against other parties in the event the debtor does not pay his debts. Which of the following is not affected by perfection of a security interest?
A. The trustee in a bankruptcy proceeding.
B. A buyer in the ordinary course of business.
C. A subsequent personal injury judgment creditor.
D. Other prospective creditors of the debtor.
B. A buyer in the ordinary course of business.
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The commonly cited price for a bond in the financial press and on the Internet is usually its _____ bond price.
A. clean B. dirty C. premium D. discount E. accrued
Offering the right to a trademark, patent, trade secret, or similarly valued items of intellectual property in return for a royalty or fee is referred to as
A. outside branding. B. direct exporting. C. indirect exporting. D. contract manufacturing. E. licensing.
A contract that has been fully performed by one party but not by the other party is a(n) ________ contract.
A. void B. voidable C. executory D. executed
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