The concept of a floating lien does not apply to a shifting stock of goods.
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Q22: The price that a secured party obtains
Q23: When a secured debt is paid, the
Q24: Cross-collateralization occurs when an asset that is
Q25: Under certain conditions, a purchase-money security interest
Q28: A future advance against a line of
Q29: Proceeds consist of whatever is received when
Q30: If collateral consists of consumer goods subject
Q31: A continuation statement is effective only if
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Q33: The first security interest to be perfected
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