To be valid,there is no requirement that a written security agreement be signed by the creditor.
Correct Answer:
Verified
Q54: In order to perfect a security agreement,a
Q55: Detachment means that the creditor has an
Q56: Perfection is necessary in order for a
Q57: Financing statements must be filed to perfect
Q58: If the collateral is inventory,the perfected purchase
Q60: Unless otherwise stated in a security agreement,if
Q61: A surety is secondarily liable for paying
Q62: In a guaranty arrangement,the guarantor is primarily
Q63: Common garnishees include employers who possess wages
Q64: Embellishment is a post-judgment order that permits
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