Sunday, July 13, 2008

A Man Walks Into a Bar (Exam)

I'm studying Secured Transactions. A quote from my outline:

"If the proceeds are proceeds of proceeds, all intervening proceeds must be cash proceeds, proceeds of the same type as the original collateral, or accounts relating to the collateral..."

Huh?

1 comment:

Derrick Fudge said...

it's so perfect for law school it is almost unbelievable.