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Home Q & A Board Humanities Legal Studies
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may129 may129
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6 years ago
Which case does not represent a purchase money security interest?
 a. Auto dealer sells consumer a car on credit.
  b. Wholesaler sells retailer 5,000 pounds of candy on credit.
  c. Bank lends money to Retailer, using Retailer's existing inventory as collateral.
  d. Bank lends money to auto dealer to purchase 150 new cars, which are the collateral.
  e. Consumer applies to credit agency for loan with which to buy a yacht.
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ccoppccopp
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6 years ago
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may129 Author
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6 years ago
Thanks
jmelchor77
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Holly72492
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2 hours ago
Brilliant ツ
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