A Preference Map Is

question 110

Multiple Choice

A preference map is

• A)a series of points that represent levels of equal satisfaction.
• B)a series of demand curves.
• C)a series of supply curves.
• D)a map that shows contour lines.
• E)a series of indifference curves.

---

Definitions:

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, normally repayment of a loan.

Financing Statement

A document filed by a creditor to indicate a security interest in a debtor's assets, used primarily in secured transactions.

Security Agreement

A formal document granting a creditor a security interest in an identified asset or property, used as collateral for a loan.

Conflicting Security Interests

A situation where multiple parties claim a security interest in the same collateral, potentially leading to disputes over priority and rights.