Multiple Choice
Kimberly borrows $50, 000 from a bank.She gives the bank a security interest in her ________ inventory.This implies that if Kimberly does not repay the loan in the stipulated period, the bank can claim any assets she purchased post the draft of the security agreement.
A) floating lien
B) future advance
C) attached
D) after-acquired
Correct Answer:
Verified
Correct Answer:
Verified
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