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When Rosetta bought a new car from Champion Motors, she traded in her 4-year old car, made a $250 down payment by giving the dealer
When Rosetta bought a new car from Champion Motors, she traded in her 4-year old car, made a $250 down payment by giving the dealer her check and signed a promissory note for the balance payable to the dealership. The Bank had a perfected security interest in Champion's inventory.
- Does that security interest continue in the car once it is delivered to Rosetta?
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