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This study guide uses nearly 200 multiple-choice and short-answer questions to test your students' knowledge of Article 9 and its occasional intersection with other sources of law such as the Federal Tax Lien Act and the Bankruptcy Code. Each multiple-choice question is accompanied by a detailed answer that indicates which of four options is the best answer and explains why that option is better than the other three options. Each short-answer question (designed to be answered in no more than fifteen minutes) is followed by a thoughtful, yet brief, model answer. Q & A: Secured Transactions also includes a comprehensive topical index. These materials are based on the uniform version of Revised Article 9.
Table of Contents includes: Scope; Definitions; Attachment; Perfection; Proceeds; Fixtures; Priority (Secured Party v. Secured Party; No PMSI); Priority (Secured Party v. Secured Party; PMSI); Priority (Secured Party v. Buyer of Collateral); Priority (Secured Party v. Lien Creditor); Priority (Secured Party v. IRS); Default; Bankruptcy (Excluding Voidable Preferences); Bankruptcy (Voidable Preferences); Practice Final Exam.
