A description of the collateral does not need to be included in a security agreement.
Correct Answer:
Verified
Q4: When a debtor uses collateral to secure
Q5: A buyer in the ordinary course of
Q6: Generally, unsecured parties have priority over secured
Q7: An interest in personal property or fixtures
Q8: UCC _ governs secured transactions in personal
Q10: Value is consideration, according to the UCC.
Q11: The property that is subject to a
Q12: Perfection of a security interest in a
Q13: A security interest may apply to personal
Q14: A secured transaction is a transaction in
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