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Maria buys a $3,000 high-definition plasma television for her home on credit extended by the seller, CC. CC requires Maria to sign a security agreement.
Maria buys a $3,000 high-definition plasma television for her home on credit extended by the seller, CC. CC requires Maria to sign a security agreement. CC has a ________ interest in the television that is automatically perfected at the time of the credit sale.
Select one:
A. Cumulative security
B. Purchase money security
C. Default
D. Future advance monetary
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