DAM ONE IS IS LARGE S AND THE OTHER ONE IS A SMALL S Security agreement — A security agreement is the contract that governs the relationship between the parties to a secured transaction (ie, the lender and the borrower). Under Article 9 of the Uniform Commercial Code (UCC), which governs secured transactions in the US … security agreement — An agreement between one or more debtors and one or more creditors in which the debtor grants the creditor an interest in the debtor s personal property as collateral for the debt. (Alternatively or in addition, the collateral may be property…
Posted on: Tue, 23 Jul 2013 06:09:24 +0000
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