It’s seems like you’re saying “we should change the legal term of art ‘payment intangible’ because it’s something that is general intangible under which the account debtor’s principal obligation is a monetary obligation.”
But that’s already what “payment intangible” means.
It’s a legal term of art. Even over the air updates are literally recalls. It doesn’t need a new term.
Yes, and as I said it is inaccurate. Legalese can be updated to better match the meaning of the word. Why is that such an unacceptable concept?
Edit: I’m really worked up about this. Seriously, why is changing the term that unimaginable to you people?
It’s seems like you’re saying “we should change the legal term of art ‘payment intangible’ because it’s something that is general intangible under which the account debtor’s principal obligation is a monetary obligation.”
But that’s already what “payment intangible” means.