A Type of Security Interest That Does Not Attach to a Single

question 53

Multiple Choice

A type of security interest that does not attach to a single piece of property but also covers after-acquired property and future advances is known as a:

• A) temporary lien
• B) fixed lien
• C) transitory lien
• D) floating lien

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Definitions:

Leaderless Group Discussion

A technique used in the assessment of interpersonal skills, leadership qualities, and group dynamics, where candidates discuss an issue without a designated leader.

Request Proposal

A document that outlines project requirements and specifications, soliciting proposals from vendors or contractors to complete the project.

Training Program

A structured plan designed to enhance the knowledge, skills, and competencies of employees for specific roles or tasks.

Diversity Training

Training designed to change employee attitudes about diversity and/or develop skills needed to work with a diverse workforce.