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    Business Law Study Set 1
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    Exam 27: Secured Transactions and Electronic Filing
  5. Question
    A Three-Party Secured Transaction Happens When a Seller Sells Goods
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A Three-Party Secured Transaction Happens When a Seller Sells Goods

Question 25

Question 25

True/False

A three-party secured transaction happens when a seller sells goods to a buyer who has obtained financing from a third-party lender that takes a security interest in the goods sold.

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