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Required Information

Secured Transactions

Introduction

Read the overview below and complete the activities that follow.

Before beginning thls activity, review LO $19-2$ and $19-3$ In your text. Be sure to revlew how secured transactions are formed, and the different means of perfection that arise after a debtor is in default on a secured transaction, Including: perfection by filing. perfection by possession, automatic perfection, and the perfection of motor vehicles.

CONCEPT REVIEW:

Anticle $9$ of the Uniform Commerclal Code $($UCC$)$ governs secured transactions In personal property. A secured transaction Is a transaction in which the payment of a debt is guaranteed by personal property owned by the debtor. As of $2009,$ with some variation, all states had enacted Article $9.$ Thus, while the law governing secured transactions is state law, the universal adoption of Article $9$ permits us to discuss laws regarding secured transactions across state lines.

ssignment $($i$)$

Read the overvew below and complete the activitles that follow.

Before beginning this activity, revew $LO19-2$ and $19-3$ In your text. Be sure to revlew how secured transactions are formed, and the different means of perfection that arlse after a debtor is in default on a secured transaction. Including: perfection by filing, perfection by possession, automatic perfection, and the perfection of motor vehicles.

CONCEPT REVIEW:

Article $9$ of the Uniform Commerclal Code $($UCC$)$ governs secured transactions in personal property. A secured transaction Is a transaction in which the payment of a debt is guaranteed by personal property owned by the debtor. As of $2009,$ with some varlation, all states had enacted Article $9.$ Thus, while the law governing secured transactions is state law, the unNersal adoption of Article $9$ permits us to discuss laws regarding secured transactions across state lines.

Roll your cursor over the terms to reveal an explanation of each. Then, select the correct order to create an accurate timeline for how a creditor becomes a secured party.

Rank the options below.

Security Agreement

Attachment

S$.$P$.$ Gives Value

Right to Collateral

Debtor's Slgnature

Read the overvew below and complete the activitles that follow.

Before beginning this activity, revew $LO19-2$ and $19-3$ In your text. Be sure to revlew how secured transactions are formed, and the different means of perfection that arlse after a debtor is in default on a secured transaction. Including: perfection by filing, perfection by possession, automatic perfection, and the perfection of motor vehicles.

CONCEPT REVIEW:

Article $9$ of the Uniform Commerclal Code $($UCC$)$ governs secured transactions in personal property. A secured transaction Is a transaction in which the payment of a debt is guaranteed by personal property owned by the debtor. As of $2009,$ with some varlation, all states had enacted Article $9.$ Thus, while the law governing secured transactions is state law, the unNersal adoption of Article $9$ permits us to discuss laws regarding secured transactions across state lines.

Roll your cursor over the terms to reveal an explanation of each. Then, select the correct order to create an accurate timeline for how a creditor becomes a secured party.

Rank the options below.

Security Agreement

Attachment

S$.$P$.$ Gives Value

Right to Collateral

Debtor's Slgnatue