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Assume you are the creditor in each of the following situations.Identify the kind of security agreement that is involved in each transaction and explain how you would perfect that agreement.
a.You are the creditor (Everby Bank), and you lend Brisco Gaines $5,000 for a sound system.
b.First Bank loans Doris $10,000 to purchase inventory for her store.
c.First Bank loans Brad $5,000 to purchase a computer for use in his store office.
d.Kevin needs cash for gambling debts.He brings in his CD player to secure a $500 loan.
Gram
A metric unit of mass equal to one thousandth of a kilogram.
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A shortened form of a word or phrase used to represent the full term.
Liter
A metric unit of volume equal to 1,000 cubic centimeters or approximately 0.26 US gallons.
Cancer
A group of diseases involving abnormal cell growth with the potential to invade or spread to other parts of the body.
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