What happens upon default when a floating charge has been used to secure a debt? What is

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What happens upon default when a floating charge has been used to secure a debt? What is the main advantage of using floating charges?

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Business Law in Canada

ISBN: 978-0133249095

10th Canadian Edition

Authors: Richard A. Yates, Teresa Bereznicki Korol, Trevor Clarke

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Question Posted: Dec 09, 2015 03:46 AM

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What happens upon default when a floating charge has been used to secure a debt? What is

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A floating charge is said to descend and crystalize upon the goods that are used a...View the full answer

Business Law in Canada

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