Article 9 of the Uniform Commercial Code (UCC) governs which type of transactions?
a.Sale of goods.
b.Commercial paper.
c.Security interests .
d.All of the above.
Correct answer: option C security interest.
Explanation:
Article 9 of the Uniform commercial code (UCC), as accepted by all the states of Usa, governs secured transactions where security interests are taken in personal property.
It is responsible for creating, regulating and en forcing of security interests in intangible property, fixtures, and movable property.
End of Answer.
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