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    Dynamic Business Law Study Set 1
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    Exam 30: Secured Transactions
  5. Question
    When a Debtor Uses Collateral to Secure a Loan from a Bank
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When a Debtor Uses Collateral to Secure a Loan from a Bank

Question 81

Question 81

True/False

When a debtor uses collateral to secure a loan from a bank, a purchase-money security interest is created.

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