Fast Finance Company has a security interest in equipment held by Reliable Repair Inc. The security interest
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Question:
a. Eliminates the need for filing a UCC financing statement
b. Can only attach after Fast Finance Company takes possession of the equipment
c. Can provide Fast Finance Company with additional protection (when compared to Reliable Repair Inc.'s unsecured creditors)
d. All of the above
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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