Question: A ( n ) lien is a security interest in property that was not in the possession of the debtor when the security agreement was

A(n)
lien is a security interest in property that was not in the possession of the debtor when the security agreement was executed.
A. unsecured
B. non-collateralized
C. elusive
D. intangible
E. floating
A(n) lien is a security interest in property that was not

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

A(n) _____ lien is a security interest in property that was not in the possession of the debtor when the security agreement was executed. Question content area bottom Part 1 A. floating B. unsecured...

Q:

Question 2 ( 2 points ) A floating lien is a security interest in property that was not in the possession of the debtor when the security agreement was executed. True False

Q:

1. 2. 3. Match the term with the definition Chattel Paper A. A record that demonstrates a monetary obligation and Indispensable Paper a security interest After-acquired property B. Property acquired...

Q:

1. Hal's Automotive obtained a line of credit from Gigantor Bank. This line of credit provided that Gigantor had a security interest in property owned by Hal's along with an "after acquired property"...

Q:

1.A security interest in property, such as debtor's inventory, attaches to the proceeds (cash) from the sale of the collateral. Select one: True False 2.When the debt is paid, the Finance Statement...

Q:

1.A security interest in property, such as debtor's inventory, attaches to the proceeds (cash) from the sale of the collateral. Select one: True False 2.When the debt is paid, the Finance Statement...

Q:

A security interest in property that was not in the possession of the debtor when the security agreement was executed is called a ( n ) purchase money security interest artisan's lien floating lien...

Q:

A security interest in property that was not in the possession of the debtor when the security agreement was executed is called a ( n ) purchase money security interest artisan's lien floating lien...

Q:

Question 1 1 ( 0 . 5 points ) In a Chapter 7 proceeding, at a meeting of creditors, one of the creditors is elected to take over the debtor's assets. Question 1 1 options: True False Question 1 2 ( 0...

Q:

1, According to the Uniform Commercial Code (UCC or Code), an oral contract for the sale of goods will not be enforceable if the total value of those goods is: A. More than $100. B. More than $500....

Q:

In 1982, Green's grandmother, Billie Harrild, offered Green a piece of the family's land. Green selected a parcel of land on a bluff, across a creek from her grandparents' house. The alleged gift was...

Q:

In which of the following years were the cocking coals and non-cocking coal mines in India nationalized?

Q:

Which one of the following rights is never directly granted to all shareholders of a publicly held corporation? Group of answer choices Receiving a distribution of company profits. Electing the board...

Q:

2. The force of interest 8 is a function of time and at any time t, measured in years, is given by the formula: 8(t) = 0.02 +0.0020 8(t) = 0.03 +0.005t Osts5 5 st s 10 a) Calculate the discount...