Question: please solve The law automatically gives a lien, or a Security Interest, to the Creditor on a particular asset of the Borrower. Depends on whether

please solve

please solve The law automatically gives a lien, or a Security Interest,

The law automatically gives a lien, or a Security Interest, to the Creditor on a particular asset of the Borrower. Depends on whether or not the Borrower is a Good Faith Purchaser. Depends on whether or not the Creditor is a Holder in Due Course. True; but the Creditor must designate that asset at the time the loan is made. False. True; but the Borrower must designate that asset at the time the loan is made

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