Question: 1. There are 2 elements of a UCC Article 9 Secured Transaction. List and briefly describe each: 2. What is the difference between a Chapter

1. There are 2 elements of a UCC Article 9 Secured Transaction. List and briefly describe each:

2. What is the difference between a Chapter 7 and a Chapter 11 Bankruptcy?

3. What is the purpose of a Negotiable Instrument and how do you Negotiate a Negotiable Instrument (Hint: How depends upon the type of instrument)?

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