1. Can the agreement be changed so that new collateral with a value more in line with the original contract be utilized if a depreciating item, such as a car, is listed as collateral in a secured transaction and it loses considerable value?

2. Is it possible to use the same item as collateral for two different secured transactions?

3. What happens to the contract if a collateral's ownership changes before the secured transaction termination date?

4. When is it permissible to demand the delivery of collateral before the contract is signed? For instance, if a car is pledged as security, the bank demands that it be brought to a branch office and the keys given.

5. What choices does the debtor have to exchange the collateral if an asset pledged as security for a loan significantly increases in value and is now worth much more than it was?