Question: A floating lien is a security interest in ships and boats together with their cargo contents. is a security interest giving the creditor discretion to

A "floating lien" is
a security interest in ships and boats together with their cargo contents.
is a security interest giving the creditor discretion to choose w.mproperty of the debtor as collateral for repayment of a loan.
a security interest in collateral property that was not in the possession of the debtor when the loan was originally made.
A "floating lien" is a security interest in ships

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