A(n)________ Provision in the Security Agreement Allows the Security Interest

question 13

Multiple Choice

A(n) ________ provision in the security agreement allows the security interest of the creditor to also apply to goods the debtor acquires at a later time.

• A)forbearance
• B)attachment
• C)floating lien
• D)acceleration

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Definitions:

Gestation

The process or period of developing inside the womb between conception and birth.

Capacitation

The process by which a sperm’s membranes become fragile enough to release the enzymes from its acrosomes.

Membranes

Thin layers of tissue that cover surfaces, line cavities, and divide spaces or organs, often serving as a protective barrier.