Jason is the creditor in a transaction with Carol,who is the debtor.Which of the following requirements is NOT necessary for Jason to have an enforceable security interest?

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The requirement that the collateral be tangible is not necessary for Jason to have an enforceable security interest. In fact, intangible assets like intellectual property can also be subject to a security interest. A written security agreement, possession of the collateral, and giving value to the debtor are all important requirements for creating an enforceable security interest. Additionally, the debtor must have rights to the collateral.

Jason Is the Creditor in a Transaction with Carol,who Is