A(n) ________ Is a Situation in Which a Creditor Has

question 12

Multiple Choice

A(n) ________ is a situation in which a creditor has an enforceable security interest against a debtor and can satisfy the debt out of the designated collateral.

• A) floating lien
• B) secured transaction
• C) attachment
• D) redemption

---

Definitions:

Slips And Falls

Slips And Falls describe accidents where individuals lose their footing or balance, resulting in a fall that can lead to injuries, commonly occurring in both public and workplaces.

Radio-Frequency Identification

A technology using electromagnetic fields to automatically identify and track tags attached to objects, containing electronically stored information.

RFID Tags

Small electronic devices that use radio frequency identification to track and identify objects, animals, or people.

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization to achieve objectives.