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Transactions between two parties can take the basic form of either secured or unsecured. Why would an issuer of a secured obligation seek to perfect
Transactions between two parties can take the basic form of either secured or unsecured. Why would an issuer of a secured obligation seek to perfect his or her security interest in a piece of collateral? How is this accomplished? Is this a guarantee of payment? Under what circumstances can the collateral be taken, and why would the issuer choose to do this
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