Which of the following is an example of chattel paper?

Chattel paper is defined under the Uniform Commercial Code (UCC) as a record that evidences both a monetary obligation and a security interest in specific goods. This can typically include a promissory note along with a security agreement that attaches the note to certain goods or collateral.

In this context, the choice consisting of a promissory note and security agreement serves as chattel paper because it indicates a monetary obligation (the promise to pay) coupled with a security interest in personal property (the collateral identified in the security agreement). This dual characteristic is what qualifies it as chattel paper under the UCC.

The other options do not fit the definition of chattel paper: a cash sale receipt does not demonstrate an ongoing monetary obligation nor does it involve a security agreement; a government bond certificate represents an investment rather than a direct obligation tied to specific goods; and a lease agreement for a building may entail a monetary obligation but lacks the security interest component that ties it to personal property in a manner consistent with chattel paper.