Multiple Choice
An interest in personal property or fixtures that secures payment or performance of an obligation is called a(n) : ______.
A) guaranty holding.
B) security interest.
C) guaranty interest.
D) good-faith guaranty.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: What is the purpose of a financing
Q35: A security interest is like a lien
Q36: A(n) _security interest is effective against third
Q37: Self-help repossession of collateral upon a buyer's
Q38: If two creditors have a security interest
Q40: Suzy wants to borrow cash from Bruce.
Q41: Property that is subject to a security
Q42: All of the following are elements of
Q43: A security interest needs to be perfected,
Q44: Javier buys a 3D TV and a