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    Business Law Study Set 1
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    Exam 24: Secured Transactions
  5. Question
    To Perfect a Security Interest in a Negotiable Document,Second State
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To Perfect a Security Interest in a Negotiable Document,Second State

Question 18

Question 18

Multiple Choice

To perfect a security interest in a negotiable document,Second State Savings and Loan should


A) file a financing amendment.
B) take possession of the instrument.
C) do nothing.Perfection is automatic.
D) secure a court order.

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