To create an enforceable security interest between Mortgage Bank and National Property Company in a written security agreement, the agreement must be signed by
A)the debtor.
B)the creditor.
C)all of the choices.
D)a disinterested third-party witness.

Question

Quizplus · Accepted Answer

For a security agreement to be enforceable, it must be authenticated (usually by signing) by the party against whom enforcement is sought, which is typically the debtor. The creditor's signature is not a requirement for enforceability under Article 9 of the Uniform Commercial Code (UCC).

To Create an Enforceable Security Interest Between Mortgage Bank and National