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aliya0001 [1]
3 years ago
13

Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection

of this security interest may not protect Quotient Financial against the claim of____________.
Business
1 answer:
maksim [4K]3 years ago
7 0

Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of  <u>a trustee in bankruptcy.</u>

Explanation:

A security interest on a loan refers to a  legal claim on collateral provided by the borrower ,it allows the lender to repossess the collateral and sell it if the loan goes default

A security interest reduces  the risk for a lender, allowing it to charge lower interest on the loan. Lower interest means that the borrower’s cost of capital will also be reduced.

Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of <u>a trustee in bankruptcy.</u>

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