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    Dynamic Business Law Study Set 1
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    Exam 30: Secured Transactions
  5. Question
    The Transfer of Collateral to the Secured Party for the Purpose
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The Transfer of Collateral to the Secured Party for the Purpose

Question 79

Question 79

Multiple Choice

The transfer of collateral to the secured party for the purpose of perfection is called the ________


A) purpose
B) pledge
C) endeavor
D) detriment
E) collateral

Correct Answer:

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