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Lee opens an accounting firm and needs office furniture and other items to begin business. Lee enters into a security agreement with Lou, and Lou

Lee opens an accounting firm and needs office furniture and other items to begin business. Lee enters into a security agreement with Lou, and Lou loans Lee $100,000 and takes a security interest in Lee's van. Lee then acquires a computer, a laptop, and a couch for the office waiting room. Does Lou have a security interest in these items?

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No Lou does not have a security interest in the computer laptop and couch Heres why Specificity of S... blur-text-image

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