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Read the excerpt from Miss Sweet's health record (below) : History of Present Illness:
Miss Sweet is a 13-year-old female who presented to the ED with a several-hour history of vomiting. She awoke this morning with abdominal pain, which progressed to vomiting. She has not had any fever. She has not been able to keep any food or liquid down, and when she began to look tired, Miss Sweet's parents brought her to the Emergency Department.
Per Miss Sweet's parents, she has had a two-month history of polydipsia, polyuria, and polyphagia. Despite a recent increase in appetite, they have noticed that she has lost weight.
Which of the following statements is TRUE according to the information available on her health record?
Security Interest
A legal claim or lien on collateral that gives the creditor the right to take possession of the asset if the debtor defaults on their obligations.
Article 9
A provision of the Uniform Commercial Code (UCC) that governs secured transactions or agreements involving personal property as collateral.
Collateral
Assets pledged by a borrower to secure a loan or guarantee repayment, which can be seized by the lender if the borrower fails to pay.
Security Instrument
A legal document that creates a lien on a property, securing the repayment of a loan or performance of an obligation.
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