Multiple Choice
Guaranty Capital Corporation is given value by Housewares Wholesale Inc. in the form of a commitment to sell goods on credit. In terms of creating an enforceable security interest, this is
A) the only requirement.
B) a factor but not a requirement.
C) irrelevant.
D) required.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Improper filing of a financing statement can
Q3: A security interest in proceeds is not
Q4: Capital Inc. holds a security interest in
Q5: Redevelopment Capital Inc. is the secured party
Q6: Bond Bank assigns to Capital Invest LLC
Q8: One of a creditor's main concerns is
Q9: The payment of Commerce Inc.'s debt to
Q10: A security agreement must describe the collateral
Q11: A party who owes payment or performance
Q12: To create an enforceable security interest between