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Matching definition! you can enlarge the photo ! plz help me out! save my life ! thank you! _____(1) Unsecured creditor (a) occurs with a
Matching definition! you can enlarge the photo ! plz help me out! save my life ! thank you!
_____(1) Unsecured creditor (a) occurs with a money purchase security agreement in consumer goods _____(2) Redemption (b) Exists when either a seller or lender, as a secured party, lends the money that enables the debtor to buy the collateral _____(3) Automatic perfection (c) Debtor may buy back his property _____(4) Chattel paper (d) The document that must be filed to perfect a security interest _____(5)Foreclosure (e) Making your security interest to have a priority over most liens and creditors _____(6) Perfection (f) A party whose only collateral is the debtor's promise to repay _____(7) Security agreement (g) Forced sale _____(8) Financing statement (h) Debtor has collateral is one requirement of this _____(9) Attachment (i) A writing that evidences both an obligation to pay money and a security interest or lease (10) Purchase money security interest (j) An essential document that must be signed Security interest by the debtor if he or she retains possession of the collateral if a security interest is to be created (k) Requires the debtor to have in interest in the collateral (I) Has a better priority than PerfectionStep by Step Solution
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