Bobbynine and I

hapyrcrgr
timer Asked: Sep 6th, 2013

Question Description

You are the chief executive officer of Money Games Inc.(MGI), which has begun to market Borrow & Spend, a video game set in the world of finance. To buy ads, MGI borrows $50,000 from First Savings Bank. On MGI's behalf, you sign a note for the loan and offer its accounts receivable as collateral. You sign a security agreement that describes the collateral. The bank does not file a financing statement.

Has the banks security interest attached?
                                            If so, when?

These individual works should each include the following:

  • An in-depth submission that should be free of spelling and grammar errors.
  • An essay containing a minimum of 200 words.


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