Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Luxury Events, a Hawkesbury River wedding reception venue, entered into a 12 month finance lease from Sundial SolarElectric on 5 August 2020 for a new

image text in transcribed
image text in transcribed
Luxury Events, a Hawkesbury River wedding reception venue, entered into a 12 month finance lease from Sundial SolarElectric on 5 August 2020 for a new Sundial electric golf cart with an option to purchase and two large solar panels. Sundial SolarElectric registered a security interest in respect of the Sundial electric golf cart but did not register a security interest for the solar panels. What type of interest would SolarElectric have registered? O A commercial consignment. O APPS lease. An in substance security interest. O A bailment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Constitutional And Administrative Law

Authors: John Alder, Keith Syrett

11th Edition

1137606711, 978-1137606716

More Books

Students also viewed these Law questions

Question

Excel caculation on cascade mental health clinic

Answered: 1 week ago