Question

9. the filing of a financing statement under Article 9

10. An interest in personal property which secures payment or performance of an obligation

11. A contract for goods wherein the delivery point is a stated location

12. An intervening duty between buyer and seller that is performed by the buyer

Answer Key A) Promise Paper B) Order Paper C) Warranty of Merchantability D) Shipment Contract E) Release in Part F) Perfect G) Consequential H) Incidental Damages I) Assignment in full J) Goods K) Merchant L) Destination Contract M) Termination N) Assignment in part O) Holder in due course P) Maker Q) Latent Defect R) Inspection of goods S) Tender of Delivery T) Warranty of Title U) Security Interest V) Endorsement W) Negotiable Instruments X) Nonconforming goods Y) Amendment

Answer 1

The filing of a financing statement under Article 9	Perfect
An interest in personal property which secures payment or performance of an obligation	Security Interest
A contract for goods wherein the delivery point is a stated location	Destination Contract
An intervening duty between the buyer and seller that is performed by the buyer	Order paper