The PPSA applies to some transactions that are not intended as security.

Name: The PPSA applies to some transactions that are not intended as security.
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Question

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The Personal Property Securities Act (PPSA) applies to a range of transactions that may not be intended as security interests, such as leases of personal property and commercial consignments, which can be deemed security interests under the Act.

The PPSA Applies to Some Transactions That Are Not Intended