Can only be obtained by mega loan and finance industry

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Reference no: EM13113131

Q. Mega Loan & Finance Industry has a security interest in equipment held by Oliver's Repair Inc. The security interest in the collateral:

a. Essentially eliminates the need for filing financing statement

b. Can only attach after Oliver's Repair Inc. owns the applicable equipment

c. Can only be obtained by Mega Loan & Finance Industry taking possession of the collateral

d. Is enforceable when attachment occurs.

Reference no: EM13113131

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