By answering the following, check your knowledge of the business decisions involved in secured transactions: ty Assume that you are a retailer with a large amount of outstanding accounts receivable and you are in need of cash to pay expenses. How might you raise the necessary cash? Explain. Assume that you are considering lending to Fred Tauber of Tauber & Sons and taking a security interest in certain property of Tauber & Sons. What should you do prior to lending the money? Explain. Assume that you are arranging to finance another's business. It will be a secured financing plan that works on a continuing basis. What provisions should you require for inclusion in the security agreement and in the financing statement? Explain. a. ts b. c. Assume that you are a secured party and are in doubt about whether you have to file and, if so, where to file. What do you do? Explain. d