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Daly and Leva Entered into an Agreement Whereby Leva Borrowed

Question 45

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Daly and Leva entered into an agreement whereby Leva borrowed $15,000 from Daly,and Daly took a security interest in Leva's next corn harvest.The financing statement identified Daly and Leva by name and included their mailing addresses.Leva signed the statement.Can the security interest,in this case,be perfected by the financing statement filed?

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When a financing statement inc...

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