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Ethical behaviour can be reinforced through the use of an appropriate reward and evaluation system.
Security Interest
A legal claim or lien on collateral that secures the performance of an obligation, typically repayment of a debt.
Written Agreement
A formalized record of a contract between parties, detailing the terms and conditions of their arrangement.
Secured Party
A secured party is an individual or entity that holds an interest in a debtor's collateral to secure payment or performance of an obligation.
Financing Statements
Legal documents filed to indicate a security interest in personal property, used to perfect a lender's claim against borrowers' assets.
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