A Security Interest Cannot Become Perfected Without the Filing of a Security

question 64

True/False

A security interest cannot become perfected without the filing of a security agreement.

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Definitions:

Assignment of Benefits

An agreement by which a patient authorizes their health insurance benefits to be directed to a healthcare provider.

TRICARE

A healthcare program of the United States Department of Defense Military Health System providing health benefits to military personnel, retirees, and their dependents.

Active Service Personnel

Members of the military who are currently serving on active duty and engaged in their duties.

Relative Value Units

A measure used in the United States to value the services provided by physicians and other healthcare providers, using three components: the physician's work, practice expenses, and malpractice insurance costs.