Under the Secured Transactions Article of the UCC, all of the following are needed to create an 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.
D. A financing statement must be filed.
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Why is it a bad idea for Edward and his landlord to make an oral lease contract for $30,000? Suggest an alternative and explain how it is beneficial to an oral contract
What will be an ideal response?
Raj has personal investment plans for retirement. He also is involved with his company's retirement plan; his company contributes to his retirement each month. His personal contributions are ________, and his company's contributions are ________
A) tax-free / tax-deferred B) tax-deferred / tax-deferred C) tax-deferred / tax-free D) tax-free / tax-free