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Debt and Bankruptcy
?
How are assets used as security generally classified with respect to a general security agreement?
as a real property mortgage over the business's assets
as an assignment of the business's accounts receivable
in terms of the degree of control the lender will acquire upon default
in terms of whether they are meant to be retained in the debtor’s business
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (D)
in terms of whether they are meant to be retained in the debtor’s business
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