Answer Happy

1.Which of the following is not required to attach a security
interest?
a. Debtor must have right to the collateral
b. A written security agreement (alternatively creditor can
possess the collateral)
c. Secured party must give consideration
d. All of the above
2.Which of the following business structures protects owners
from personal liability for business actions?
a. partnerships
b. corporations
c. proprietorships
d. All of the above; all provide liability protection
e. None of the above; none of these provide liability
protection