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This class was created by Brainscape user Jake Old. Visit their profile to learn more about the creator.

By: Jake Old
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Decks in this class (11)

INTRO TO SECURED TRANSACTIONS AND TYPES OF GOODS
Collateral intro to secured trans...,
Debtorintro to secured transactio...,
Obligorintro to secured transacti...
39  cards
INTANGIBLES, QUASI-INTANGIBLES & TYPES OF INVESTMENT PROPERTY
Types of intangibles quasi intang...,
Types of investment property inve...,
Types of investment property secu...
7  cards
THE SECURITY AGREEMENT & “VALUE” GIVEN AND DEBTORS RIGHTS IN THE COLLATERAL
Three factors for attachment the ...,
Key terms signedthe security agre...,
Key terms writingthe security agr...
8  cards
INTRODUCTION TO THE PURCHASE MONEY SECURITY INTEREST & INTRODUCTION TO PERFECTION, PERFECTION BY FILING, AND WHERE TO FILE
Two version of pmsiintroduction t...,
Close nexus of pmsiintroduction t...,
Perfection of security interest i...
6  cards
THE INITIAL FINANCING STATEMENT
Sufficiency of filing statement t...,
Minor errors and omissionsthe ini...,
Financing statement seriously mis...
4  cards
THE PROCESS OF FILING & LATER FILINGS AND CHANGES IN THE SITUATION
What constitutes filing the proce...,
What is required for filing the p...,
The process of filing later filin...
9  cards
PERFECTION BY POSSESSION, AUTOMATIC PERFECTION – THE PMSI IN CONSUMER GOODS, & PERFECTION BY CONTROL
Perfection by possessionperfectio...,
How to know that a secured party ...,
Timing of perfection by possessio...
13  cards
INTRODUCTION TO PRIORITY AND THE BASIC RULES OF PRIORITY & SPECIAL PRIORITY FOR THE PMSI
Priority three rules introduction...,
Lien creditor definition introduc...,
When a lien creditor has priority...
6  cards
DOES THE INTEREST SURVIVE THE DISPOSITION?
Timing with pmsi priorities does ...,
When does a buyer take possession...,
Effect of a sale of collateraldoe...
6  cards
WHAT ARE PROCEEDS? AND ATTACHMENT, PERFECTION, AND PRIORITY IN PROCEEDS
What is a proceedwhat are proceed...,
What are noncash and cash proceed...,
When commingled proceeds are iden...
19  cards
DEFAULT & REPOSSESSION
Events causing defaultdefault rep...,
General insecurity clausedefault ...,
Acceleration clausedefault reposs...
7  cards

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