Practice question
Under RA 11057 Section 5, what creates the security interest?
- A security agreement
- A creditor’s secret wish alone
- A debtor’s unrelated birth certificate
- A registry search by a stranger
- A mere advertisement for loans
Legal references
- RA 11057, Sections 5-6: https://lawphil.net/statutes/repacts/ra2018/ra_11057_2018.html
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