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Friendly Loan Company has a security interest in collateral owned by Best Tool & Die Company. A security interest in collateral a. eliminates the...

Friendly Loan Company has a security interest in collateral owned by Best Tool & Die Company. A security interest in collateral
a. eliminates the need for a financing statement.
__ b. is enforceable when attachment occurs.
c. is lost when attachment occurs.
d. must be obtained by possession.

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