When a Consumer Gives a Creditor a Security Interest in Forthcoming

question 13

True/False

When a consumer gives a creditor a security interest in forthcoming health insurance proceeds, the creditor must file a statement with the insurance company in order to have a perfected security interest.

---

Definitions:

Carl Rogers

A significant figure in psychology, best known for developing the client-centered (or person-centered) approach to therapy, emphasizing the importance of empathy, unconditional positive regard, and the client's potential for self-directed growth.

Tendency To Evaluate

An inclination to judge the value, significance, or worth of different options based on a set of criteria or personal judgment.

Work-Life Balance

The equilibrium between personal life and professional work, where prioritization does not significantly impact the other aspect negatively.

Strong Presence

The ability of a person or brand to command attention and influence in a particular space or industry.