Will that arrangement perfect the security interest of art

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Question: Art Finance makes a loan to finance HiTech Gallery's acquisition of a Jackson Pollock painting, Red Herring. Art Finance would like to take possession of the painting, but HiTech Gallery would like to put the painting on display, to drum up potential buyers. The parties agree that HiTech Gallery will be in possession as the agent of Art Finance. Will that arrangement perfect the security interest of Art Finance?

Reference no: EM133608600

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