If the Creditor Has Possession of the Collateral, the Security

question 17

Multiple Choice

If the creditor has possession of the collateral, the security agreement:

• A) should specify the collateral.
• B) need not be in writing.
• C) need not specify the collateral.
• D) should be in writing.

---

Definitions:

Paradigm Shift

A fundamental change in the underlying assumptions or methodologies of a particular scientific discipline or wider social view.

Transference

The process wherein clients project feelings and attitudes from past relationships onto the therapist, often discussed in psychoanalytic and psychodynamic therapies.

Blank Screen Behavior

A psychoanalytic concept where the therapist maintains a neutral demeanor to encourage the patient to project their thoughts, feelings, and fantasies onto the therapist.

Impulse Control

The ability to resist or delay an impulsive action or response.