Which of the following elements must exist for there to be a valid,enforceable security agreement?
A) a written security agreement
B) the creditor must give value to the debtor
C) the debtor must have an interest in the collateral
D) A,B,and C
E) B and C only
Correct Answer:
Verified
Q37: A buyer in the ordinary course of
Q38: Once a secured consumer debt is paid,the
Q39: If a sale of collateral produces any
Q40: A "buyer in the ordinary course of
Q41: Which of the following is not personal
Q43: Which of the following is not one
Q44: If the proceeds from the disposition of
Q45: Which of the following statements is false?
A)
Q47: In order to perfect a security interest
Q94: Secured transactions usually involve:
A) one or two
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