Explain what it means to perfect the banks security interest in collateral. When lending to a small

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Explain what it means to “perfect the bank’s security interest” in collateral. When lending to a small business owner who is an owner/ manager, what methods might the bank use to perfect its interest in the collateral of the business?
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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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