With the Exception of Pledges, a Security Agreement Must

question 69

Multiple Choice

With the exception of pledges, a security agreement must:

• A) be in an authenticated record.
• B) be signed by the debtor with his personal, not business, name.
• C) contain at least a generic description of the collateral, such as "all my personal property."
• D) All of these.

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Definitions:

Command And Control

A style of management or governance focused on authority, rules, and centralized decision-making.

Risk And Innovation

The process of introducing new and imaginative ideas, goods, or methods despite potential obstacles or failures, acknowledging that taking risks is an inherent part of achieving breakthroughs.

Leadership Characteristics

Qualities and traits that are typically found in effective leaders, such as integrity, vision, and ability to motivate.

Responsibility

An obligation or duty to properly act or perform tasks, showing accountability.