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Everyday Loans,Inc

Question 20

Multiple Choice

Everyday Loans,Inc. ,issues a line of credit in Glade Electronics Corporation under a security agreement.Later,Glade buys new HD TVs to add to its inventory.Everyday has a security interest in the new inventory


A) if the security agreement included an after-acquired property clause.
B) if Everyday has not yet filed a financing statement.
C) if Glade bought the inventory with Everyday funds.
D) under no circumstances.

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