The Code's classifications of collateral according to nature are:
(a) goods;
(b) tangibles; and
(c) dispensable paper.

Name: The Code's classifications of collateral according to nature are: (a) goods; (b) tangibles; and (c) dispensable paper.
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Question

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The correct classifications of collateral according to the Uniform Commercial Code (UCC) are: (a) goods; (b) intangible property; and (c) negotiable instruments, not "dispensable paper."

The Code's Classifications of Collateral According to Nature Are