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  3. Study Set
    Contemporary Business
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    Exam 23: Credit and Secured Transactions
  5. Question
    A Security Agreement May Provide That the Security Interest Attaches
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A Security Agreement May Provide That the Security Interest Attaches

Question 137

Question 137

True/False

A security agreement may provide that the security interest attaches to property that was not originally in the possession of the debtor when the agreement was executed.This interest is usually referred to as a transparent lien.

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