Nora Loaned Money to Susan and Received a Signed Security

question 41

Multiple Choice

Nora loaned money to Susan and received a signed security agreement from Susan. To make sure she has priority as a creditor, Nora could:

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

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