Multiple Choice
Which of the following is the proper designation for any equipment subject to the bank's security interest that Molly obtains after the initial loan agreement?
A) After-acquired property.
B) Post-dated property.
C) Cover property.
D) Post-security property.
E) There is no title for such property because such property may not validly be the subject of the security interest.
Correct Answer:

Verified
Correct Answer:
Verified
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Q10: The person who fails to make payments
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Q16: Transfer of collateral to a secured party
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Q22: Collateral is the property that is subject