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.

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Definitions:

Spurious Relationships

An apparent but false relationship between two variables that is actually caused by a third variable.

Selection Bias

A distortion in the analysis resulting from the method of collection of data, where the sample is not representative of the population being studied.

Experimental Groups

Groups in an experiment that receive the treatment or intervention being tested.

External Validity

The extent to which the results of a study can be generalized to other situations and to other people.