Which of the Following Statements About Security Agreements Is False

Multiple Choice

Which of the following statements about security agreements is false?

A) The security agreement must reasonably describe the collateral so that it can readily be identified.
B) The security agreement cannot require the debtor to insure the goods.
C) The security agreement usually contains a promise by the debtor to pay certain amounts of money in a certain way.
D) The security agreement usually specifies which events constitute a default.