To Be a Valid Written Security Agreement,it Must

question 8

Multiple Choice

To be a valid written security agreement,it must:

• A)Clearly identify the collateral.
• B)Contain the debtor's promise to repay the creditor.
• C)Set forth the creditor's rights upon default.
• D)All of the above.

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Definitions:

New Netherland

A 17th-century colonial province of the Seven United Netherlands that was located on the East Coast of North America.

Bacon's Rebellion

An armed rebellion held in 1676 by Virginia settlers led by Nathaniel Bacon against the rule of Governor William Berkeley, partly due to discontent with how Native American relations were handled.

Birth Rates

The number of live births per thousand of population per year.

Indenture

A legal agreement, contract, or document, especially one that binds an apprentice to a master.