Solved

Nora Loaned Money to Susan and Received a Signed Security

Question 41

Multiple Choice

Nora loaned money to Susan and received a signed security agreement from Susan. To make sure she has priority as a creditor, Nora could:


A) give the security agreement to her attorney.
B) do nothing-the date of signing gives Nora priority.
C) file the security agreement in a security deposit box.
D) take possession of the collateral.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions