The debtor must have a current or future legal right in or the right to possession of the collateral.
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Q13: The debtor in a secured transaction is
Q15: Checks,notes,stocks,and bonds can all be subject to
Q16: Financing statements are effective for 5 years
Q17: Article 9 of the UCC applies to
Q19: A financing statement covering fixtures is called
Q20: Ownership or possessory rights to property have
Q21: A termination statement is filed by the
Q22: When the creditor repossesses the collateral,the creditor
Q23: More than one creditor can have a
Q25: A security interest must be in writing,unless
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