Examlex
Which one of the following is a criterion for identifying a primary government?
Financing Statement
A document filed to give public notice of a security interest in personal property, securing payment or performance of an obligation.
Chattel Paper
A document or electronic record indicating both a monetary obligation and a security interest in or a lease of specific goods.
Monetary Obligation
A required payment of money owed by one party to another, typically defined by the terms of a contract or agreement.
Security Interest
A legal claim or lien on collateral or property, given by the borrower to the lender, to secure repayment of a loan.
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