Does tomas have an enforceable security interest

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Sara needs $1,513 to buy textbooks and other school supplies. Tomas agrees to loan Sara $1,513, accepting as collateral Tomas's car (believe a type and should be Sara's car). They put their agreement in writing and sign it. Sara keeps possession of the car. Does Tomas have an enforceable security interest? How can Tomas let other creditors know of his interest in the car?

Reference no: EM13906434

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Does tomas have an enforceable security interest : Sara needs $1,513 to buy textbooks and other school supplies. Tomas agrees to loan Sara $1,513, accepting as collateral Tomas's car (believe a type and should be Sara's car). They put their agreement in writing and sign it. Sara keeps possession of t..

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