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Home and Furniture Manufacturers owes Woodland Supply $10,000. Home and Furniture executes a note to Woodland Supply as security for the debt. This security a.
Home and Furniture Manufacturers owes Woodland Supply $10,000. Home and Furniture executes a note to Woodland Supply as security for the debt. This security
a. does not constitute sufficient HDC status.
b. does not satisfy the value requirement for HDC status.
c. satisfies the consideration requirement for HDC status.
d. satisfies the value requirement for HDC status.
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