For a creditor to have an enforceable security interest, the debtor must have rights in the collateral.
Correct Answer:
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Q6: A buyer in the ordinary course of
Q7: The UCC requires that a financing statement
Q8: On a debtor's default, he perfection of
Q9: Proceeds from the disposition of collateral after
Q10: A purchase-money security interest in consumer goods
Q12: When more than one party claims an
Q13: A financing statement is an agreement that
Q15: Attachment gives the debtor a defense against
Q16: Either the security agreement or the financing
Q21: Any breach of the terms of the
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