A ____ gives the lender a claim against all inventories held by the borrower.
A)warehousing arrangement
B)chattel mortgage agreement
C)trust receipt
D)blanket lien

Question

Quizplus · Accepted Answer

A blanket lien is a type of security interest that gives the lender a claim against all assets or inventories held by the borrower. This means that if the borrower defaults on the loan, the lender can seize any or all of the borrower's assets, including inventory, to recover the debt.

A ____ Gives the Lender a Claim Against All Inventories