Project #33692 - Business Law

 Available: Tuesday, June 17, 2014 12:00 AM CDT - Monday, June 23, 2014 11:59 PM CDT.
 
Must post first.

Please read the Border State Bank of Greenbush v. Bagley Livestock Exchange, Inc. - 690 N.W.2d 326 case (pages 804-805). After reading the case, discuss the following questions:

  • When collateral is not in the possession of a secured party, what is required for a valid security interest?
  • Is it necessary that a security agreement be titled as such and contain a precise description of the collateral?
  • Did the court fairly decide this case?  Explain.
  • When should the law consider a person to have acquired rights in the collateral? Explain.

I need help answering 4 questions only  two-three  senteces for each. From reading the pages I will post.  I will pay 15.

Subject Business
Due By (Pacific Time) 06/22/2014 01:00 pm
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