Which Word Can Be Defined as "Tool or Technique Used

question 69

Multiple Choice

Which word can be defined as "tool or technique used to do a task"?

• A)invention
• B)device
• C)belief
• D)motif

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Definitions:

Security Interest

A security interest is a legal right granted by a debtor to a creditor over the debtor's property to secure the repayment of a debt.

Financing Statement

A document filed to indicate a security interest in personal property, used to publicize a creditor's right to possible repossession of goods.

Perfection

In legal finance, it refers to the process of securing a lien or interest in a borrower's collateral, making it legally enforceable against third parties.

Records Mortgage

The formal documentation of a mortgage loan agreement that is filed with a local government office, making it a public record.