A security interest is created by a security agreement,which identifies the goods and is signed by the creditor.

Name: A security interest is created by a security agreement,which identifies the goods and is signed by the creditor.
Brand: Quizplus
Rating: 4.8 (60 reviews)

Question

Quizplus · Accepted Answer

A security interest is created by a security agreement that identifies the goods and is signed by the debtor, not the creditor. The debtor's signature indicates their agreement to the terms and the granting of the security interest in the identified goods to the creditor.

A Security Interest Is Created by a Security Agreement,which Identifies