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Olaf is the creditor in a transaction with Phil. Once certain requirements are met, Olaf's rights will attach , which means that Olaf will have

Olaf is the creditor in a transaction with Phil. Once certain requirements are met, Olaf's rights willattach, which means that Olaf will have

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an indivisible ownership right to Phil's property.

an enforceable security interest in Phil's property.

a notice affixed to Phil's property.

the permission of a court to seize Phil's property.

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