Apple's retail stores reinforce the brand's hip, cool image

Under the Secured Transactions Article of the UCC, all of the following are needed to create enforceable security interest except

A. A security agreement must exist. B. The secured party must give value. C. The debtor must have rights in the collateral. D. A financing statement must be filed.

Which of the following situations is not a bailment for mutual benefit?

A) Acme Moving Company agrees to haul Smith's furniture from Maine to California. B) Ajax Warehouse agrees to store Jane's piano in its warehouse. C) John's neighbor agrees to watch John's cat while John is on vacation. D) George's Rent-All rents Jack a floor sander. E) Rocko's Dry Cleaners agrees to store Rachel's fur coat for the summer.