Nora Loaned Money to Susan and Received a Signed Security

question 59

Multiple Choice

Nora loaned money to Susan and received a signed security agreement from Susan.What could Nora do to make sure she has priority as a creditor?

• A) give the security agreement to her attorney
• B) 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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Definitions:

Alienation

The feeling of being isolated or estranged from others or oneself, often associated with a loss of connection or dissatisfaction.

Eigenwelt

In Binswanger’s phenomenological analysis, the experience of experience itself; the result of introspection.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Mitwelt

In Binswanger’s phenomenological analysis, social experience such as feelings and thoughts about others and oneself in relation to them.