Back to Questions
Want to know:
Tom lent Della $3,000 pursuant to an oral agreement. A couple of months later, Tom needed to borrow some money from National Bank. He signed a security agreement with National Bank, granting the bank a security interest in his right to payment under the oral agreement with Della. What category best describes Tom's right under the oral agreement using Article 9 classification?Group of answer choices:a. A contract right.b. General intangible.c. Payment intangible.d. An account.
Get a detailed, AI-powered explanation for this question and thousands more on StudyFetch.
Get the Answer for FreeHow StudyFetch Helps You Master This Topic
AI-Powered Answers
Get instant, detailed explanations powered by AI that understands your course material.
Deep Understanding
Go beyond surface-level answers with step-by-step breakdowns and examples.
Personalized Learning
Sparky adapts to your learning style and helps you connect ideas.
Practice & Test
Turn any question into flashcards, quizzes, and practice tests to solidify your knowledge.
Explore More Questions
- Secretary of Commerce; favored voluntary cooperation between businesses and workers
- Which of the following statements describes the status of Mexican immigrants and Mexican Americans in the Southwest in the 1940s?a. Discrimination against people of Mexican descent had much in common with that of African Americans in the South.b. People of Mexican descent faced discrimination in employment, but they did not endure political repression.c. Mexican immigrants and Mexican Americans had many more resources that African Americans to fight discrimination during the 1940s.d. Due to their more recent arrival in the United States, people of Mexican descent endured more severe discrimination than African Americans.
- Who gained power and interferred with roman trade in north africa