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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 1,
Debtor 2,
Obligor 3
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 1,
Key terms signed 2,
Key terms writing 3
8  cards
INTRODUCTION TO THE PURCHASE MONEY SECURITY INTEREST & INTRODUCTION TO PERFECTION, PERFECTION BY FILING, AND WHERE TO FILE
Two version of pmsi introduction ...,
Close nexus of pmsi introduction ...,
Perfection of security interest 3
6  cards
THE INITIAL FINANCING STATEMENT
Sufficiency of filing statement 1,
Minor errors and omissions 2,
Financing statement seriously mis...
4  cards
THE PROCESS OF FILING & LATER FILINGS AND CHANGES IN THE SITUATION
What constitutes filing 1,
What is required for filing 2,
The process of filing later filin...
9  cards
PERFECTION BY POSSESSION, AUTOMATIC PERFECTION – THE PMSI IN CONSUMER GOODS, & PERFECTION BY CONTROL
Perfection by possession 1,
How to know that a secured party ...,
Timing of perfection by possession 3
13  cards
INTRODUCTION TO PRIORITY AND THE BASIC RULES OF PRIORITY & SPECIAL PRIORITY FOR THE PMSI
Priority three rules 1,
Lien creditor definition 2,
When a lien creditor has priority 3
6  cards
DOES THE INTEREST SURVIVE THE DISPOSITION?
Timing with pmsi priorities 1,
When does a buyer take possession 2,
Effect of a sale of collateral 3
6  cards
WHAT ARE PROCEEDS? AND ATTACHMENT, PERFECTION, AND PRIORITY IN PROCEEDS
What is a proceed 1,
What are noncash and cash proceeds 2,
When commingled proceeds are iden...
19  cards
DEFAULT & REPOSSESSION
Events causing default 1,
General insecurity clause 2,
Acceleration clause 3
7  cards

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