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    Dynamic Business Law Study Set 1
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    Exam 19: Secured Transactions and Bankruptcy
  5. Question
    When a Debtor Sells Collateral,the Secured Party Automatically Has an Interest
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When a Debtor Sells Collateral,the Secured Party Automatically Has an Interest

Question 8

Question 8

True/False

When a debtor sells collateral,the secured party automatically has an interest in the proceeds the debtor receives in exchange for the collateral.

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