Question: A written or authenticated security agreement is a requirement when creating a secured transaction unless: both partles agree to walve the written requirement. the value

A written or authenticated security agreement is a requirement when creating a secured transaction unless:
both partles agree to walve the written requirement.
the value of the collateral is less than $500.
the collateral is intangible, such as a savings account.
the secured party has possession or control of the collateral.
 A written or authenticated security agreement is a requirement when creating

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