The amount of security derived from a business's inventory and accounts receivable pledged in a general security agreement is the value of those assets at any given time.

Question

Quizplus · Accepted Answer

The value of security derived from a business's inventory and accounts receivable in a general security agreement is indeed based on the current value of those assets, as it fluctuates over time with changes in inventory levels and accounts receivable balances.

The Amount of Security Derived from a Business's Inventory and Accounts