Which of the Following Types of Security Agreements Can Be

question 43

Multiple Choice

Which of the following types of security agreements can be utilized by a bank that wishes to take a security interest in both the manufacturing equipment and accounts receivable of a borrower?

• A)conditional sale
• B)assignment of accounts receivable
• C)general security agreement
• D)chattel mortgage
• E)guarantee

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Definitions:

Thematic Apperception Test

A projective psychological test that evaluates a person's patterns of thought, attitudes, observational capacity, and emotional responses to ambiguous test materials.

Projective Technique

A method of assessing individuals' underlying thoughts, feelings, or attitudes by interpreting their responses to ambiguous stimuli.

Need for Power

An individual's desire to control or influence others, seen as a personality trait or motivator that drives behavior.

Need for Affiliation

An individual's desire to form or maintain interpersonal relationships or to be part of a group.