A(n) ________ refers to a security interest in property that was not in the possession of the debtor when the security agreement was executed.
A) floating lien
B) after-acquired property
C) attachment
D) future advance

Question

Quizplus · Accepted Answer

A floating lien refers to a security interest that applies to assets that are acquired by the debtor after the execution of the security agreement, covering not only current but also future assets.

A(n) ________ Refers to a Security Interest in Property That