attachment

Question 1

what are the three requirements for attachment?

Answer 1

1. creditor taking possession of the collateral/enter into a security agreement.
2. value must be given by secured party.
3. debtor must have rights in the collateral.

Question 2

form of the authenticated security agreement

Answer 2

1) Must show intent to create security interest
2) must be authenticated/signed.
3) must reasonably identify the collateral.