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Social Studies, 19.02.2020 00:19 tacojordan4128

Great State Bank loans money to Seth, securing the loan with property owned by Seth. Great State Bank is advised by its attorney to file a financing statement. Great State Bank doesn't understand why it should spend the extra money for this filing, since Seth has told them that he has no other creditors. Why should Great State Bank file a financing statement?

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Great State Bank loans money to Seth, securing the loan with property owned by Seth. Great State Ban...
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