Question: Laws for Accountants - What is a security interest - What does Art 9 of the UCC cover-and hat is not covered - What does

Laws for Accountants

- What is a security interest

- What does Art 9 of the UCC cover-and hat is not covered

- What does the word attachment mean under Art. 9

- What is required for a security interest to be perfected-how does perfection happen.

- Last but not least-why do we care about all of this

- Have you ever thought about how many credit transactions happen every day for purchases of things, not real estate? How much money do you think is involved?

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1 A security interest is a legal right granted by a debtor to a creditor over the debtors property that enables the creditor to have access to the pro... View full answer

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