Each of the following may create consensual security interests EXCEPT

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Liens are not considered consensual security interests because they do not require an agreement between the debtor and creditor. Liens are automatic security interests that arise by operation of law, such as a mechanic's lien on property for unpaid work done on that property. The other options listed - guarantees, leases, consignments, and accounts receivable - are all examples of consensual security interests that require an agreement between the debtor and creditor.

Each of the Following May Create Consensual Security Interests EXCEPT