Question: I need help in these questions. Please do them correctly and do not make any mistake. Please must do it correctly as I have only

I need help in these questions. Please do them correctly and do not make any mistake. Please must do it correctly as I have only 1 chance for these

I need help in these questions. Please do them

I need help in these questions. Please do them

I need help in these questions. Please do them

I need help in these questions. Please do them

I need help in these questions. Please do them

Question 28 2 points Save A Ace Financing Company (AFC) is willing to give a loan to Otto's Emporium secured by Otto's inventory. Why use an after acquired inventory clause: O In case the value of the inventory at the time of the agreement depreciates. Ob. In case there is loss through fire or theft. Oc. It creates a fungible interest in the contents. O d. It allows for additional added inventory to be considered part of the collateral in an agreement. Question 31 A secured party is established: O a. When a security agreement is writtten. O b. When agreement is reached as to what Personal property is to be used as collateral. O c. When a security agreement is attached. O d. After a secured party has instituted a judicial lien. Question 33 Frank decided to perfect his secured status in collateral he sold to Sam. This type of Perfection is called: O a. Completing the attachment process O b. Filing a Financing Statement Oc. Possession/Pledge O d. PMSI Question 34 2 points Save Answ Jim has one of his checks forged, Jim knew of the forgery and did not institute a stop payment order, and the check is cashed at Jim's bank by the forger Vanessa. Vanessa cannot be located. Who is liable for this loss? O a. Jim O b. Vanessa O c. Jim's bank O d. None of the above gestion 35 2 points When a creditor has a security agreement and wished to advance that interest into a security Interest, they need to: O a. Seek attachment. O b. Seek Perfection. Oc. Establish a PMSI. O d. Become an HDC

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