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Secure Bank Lends Funds to Trucking Corporation to Add a Maintenance

Question 36

Multiple Choice

Secure Bank lends funds to Trucking Corporation to add a maintenance garage to Trucking's property. Payment of the loan is guaranteed by the building. The law covering this transaction is provided by


A) local building ordinances.
B) state shipping regulations.
C) federal banking rules.
D) the Uniform Commercial Code.

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