A) Secured Transactions Read Chapter 24 and then search your files or your office/business for a secured transaction that you have personally entered into or one that your business/employer has executed. Read the security agreement and compare it to the terms and concepts in Chapter 24. Share with the class the type of security agreement, who is the priority creditor, is the document required to be filed, is there a PMSI and what youâ€™ve learned. Explain. Research your Secretary of Stateâ€™s website to see whether your state requires UCC filings with the County Clerks or with the Secretary of State. Share your findings. B) Negotiable Instruments Chapter 25 contains many terms and rules regarding requirements for negotiable and nonnegotiable notes. Evaluate, analyze, and then discuss Case Questions 4, 5 or 6 (Shifty and Abe p. 650) incorporating 3 legal terms/concepts in all caps.
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