If collateral is described in a security agreement as the debtor's currently existing and after-acquired inventory, the description D) Is insufficient unless the secured party takes possession. A) Is sufficient for the security interest to attach to the after-acquired inventory. B) Is sufficient, but the security interest is limited to currently existing inventory. OC) Is insufficient to cover any inventory. Under the UCC Secured Transactions Article, for a security interest to attach, the D) Creditor must be in possession of part of the collateral. C) Debtor must have title to the collateral. A) Debtor must agree to the creation of the security interest. OB) Creditor must properly file a financing statement. Agents sometimes have liability to third parties for their actions taken for and on behalf of the principal. An agent will not be personally liable in which of the following circumstances? D) If the agent acts for an undisclosed principal as long as the principal is subsequently disclosed. A) If the agent makes a contract that (she had no authority to make but that the principal ratifies. B) If the agent commits a tort while engaged in the principal's business. C) If the agent acts for a principal that (she knows is nonexistent, and the third party is unaware of this circumstance