Matt Loaned Money to Josh and Received a Signed Security

question 25

Multiple Choice

Matt loaned money to Josh and received a signed security agreement from Josh.To make sure he has priority as a creditor,Matt could

• A) give the security agreement to his attorney.
• B) do nothing-the date of signing gives Matt priority.
• C) file the security agreement in a security deposit box.
• D) take possession of the collateral.

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