Essay
Use the data in the following table to explain the economic effects of a price ceiling at $6, at $5, and at $4. 
Comprehend how continuing guarantees work and the effects of modifications to loan agreements.
Recognize the implications of using personal property as security under the Personal Property Security Act.
Understand debtor's rights, including the right to redeem collateral after possession by a creditor.
Analyze legal consequences in scenarios where secured transactions are involved, including the rights and obligations of parties.
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