Security interest

The requirements below must be met for your paper to be accepted and graded:

Write between 500 – 750 words (approximately 2 – 3 pages) using Microsoft Word.

Attempt APA style, see example below.

Use font size 12 and 1” margins.

Include cover page and reference page.

At least 60% of your paper must be original content/writing.

No more than 40% of your content/information may come from references.

Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.

…………………Answer preview……………………

A security interest is a form of legal collateral that a borrower pledges to a lender to obtain a loan. It is often an asset that can transfer ownership to a creditor in case a borrower defaults payments of a loan (Ware, n.d.). A secure transaction is one in which a security interest is given. A valid security interest must satisfy the following conditions; it must be of a particular value, it must be a property of the borrower and the borrower must sign an agreement regarding the security interest………………..

APA
570 words