Secured Transactions

5 cards

Secured TransactionsSpring 2011Professor HagedornWillamette University


 
  
Created Apr 11, 2011
by
rachal.jenson

 

 
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1
Are Secured Transactions a matter of state law or or federal law? 
 
State Law
2
What type of law governs secured trans? 
 
debtor/creditor law
3
What are the steps to approaching a Secured Transaction problem? 
 
Scope: Is this covered by Article 9? Possession: is creditor in possession of the collateral? Attachment:...
4
What is an unsecured creditor? 
 
creditor that demands nothing more than the debtor's promise to pay
5
What is a secured creditor? 
 
creditor that demands the pledge of some collateral of debtor to seize and sell should the...

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