2. Security posted by promissory note maker to the lender for repayment of money is known as 3. The transfer of rights under a nonnegotiable contract is known as a/an is considered stale, and the 4. A check that has been outstanding for more than bank is under no obligation to pay it. 5. is a post judgment court order that permits the seizure of the debtor's property that is in the possession of the debtor. 6. A person who transfers the right of possession and use of goods under a lease is known as the 7. The is a model act passed in 1949 that includes comprehensive laws that cover most aspects of commercial transactions. 8. The requires all contracts for the sale of goods costing $500 or more and lease contracts involving payments of $1,000 or more to be in writing. 9. Damages that are generally equal to the difference between the value of the goods as warranted and the actual value of the goods accepted at the time and place of acceptance is known as 10. A two-party negotiable instrument that is a special form of note created when a person deposits money at a financial institution in exchange for the institution's promise to pay back the amount of the deposit plus an agreed-upon rate of interest upon the expiration of a set time period agreed upon by the parties is known as a