A blanket inventory lien is where items are not identified or tagged, and there is no physical transfer of control of the inventory from the borrower.

Name: A blanket inventory lien is where items are not identified or tagged, and there is no physical transfer of control of the inventory from the borrower.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A blanket inventory lien covers all of a borrower's inventory without identifying specific items or requiring physical transfer of control.

A Blanket Inventory Lien Is Where Items Are Not Identified