Multiple Choice
The payment of Yves's debt to Zac is guaranteed by Yves's personal property.Their agreement identifies Yves's property by serial number.To establish Zac's interest,this is most likely
A) irrelevant.
B) not sufficient.
C) sufficient if it accurately describes the collateral.
D) sufficient unless it is too tedious to review.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Hal's Hardware store defaults on a debt
Q33: The payment of John's debt to Kirsten
Q36: A secured party can release any col?lateral
Q47: Fiona borrows $1,000 from Garden State Bank,using
Q49: Future advances against a line of credit
Q50: A security agreementmay provide for coverage of
Q51: Attachment makes the security interest between a
Q54: On default,unless the security agreement states otherwise,the
Q55: A floating lien cannot apply to the
Q57: Fact Pattern 19-1<br>General Leasing Company (GLC) buys