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  3. Study Set
    Business Law Study Set 7
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    Exam 27: Secured Transactions
  5. Question
    A Purchase Money Security Interest Is an Interest That a Creditor
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A Purchase Money Security Interest Is an Interest That a Creditor

Question 27

Question 27

True/False

A purchase money security interest is an interest that a creditor automatically obtains when he or she extends credit to a consumer to purchase consumer goods.

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