A Counterproposal

question 10

Multiple Choice

A counterproposal

• A)is unnecessary if you have stated your refusal tactfully.
• B)weakens your refusal by implying that you are not able to enforce your decision.
• C)is an alternative to the action requested that helps preserve your future relationship with the receiver.
• D)should precede the refusal.

---

Definitions:

Security Interest

A legal claim or lien on collateral that gives a lender the right to take property if a borrower defaults on their obligations.

Perfection

In legal and financial contexts, refinement is the process of securing an interest in collateral against third parties, often through public registration.

Security Agreement

A legal document that provides a lender a security interest in specified assets of the borrower as collateral for a loan.

Filing

The process of submitting documents to a specified authority or organization for official review or record-keeping.