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What is the point of difference between illegal gratuity and bribery scheme?
Personal Property
Tangible, movable objects.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States.
Perfection
The series of legal steps a secured party takes to protect its right in the collateral from the other creditors who want their debt returned through the same collateral.
Security Interest
A legal claim or right granted over property to secure the payment of a debt or obligation.
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