Ace the Ontario Barrister and Solicitor Exam 2026 – Unleash Your Legal Superpowers!

"An automatic dissent right to shareholders" is not a component of a general security agreement (GSA) because a GSA is typically an agreement between a creditor and a borrower, and does not involve shareholders. The other options, such as including a detail of all assets pledged as security, terms for repayment of the loan, and a declaration of the security interest by the creditor, are all common components of a GSA as they pertain to the agreement between the creditor and borrower.