Bar Exam Question (February 2013, revised). On August 15, 2011, Wally borrowed $10,000 from Bank. Wally signed a security agreement giving Bank a security interest in any amounts Wally had on deposit in his only savings account at Bank. What type of collateral did Wally grant to Bank?

Answer rating: 100% (QA)

Wally granted Bank a security interest i... View the full answer