Business, 21.11.2019 21:31 doglover7963

Robert executed a valid promissory note and security agreement with first time bank covering robert's new purchase of machinery and equipment for his new factory. however, first time bank failed to perfect its security interest in the equipment and machinery. six months later, robert defaults on the loan with first time bank. robert did not sell the machinery & equipment or use it as collateral for another loan.

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Robert executed a valid promissory note and security agreement with first time bank covering robert'...

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