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Question
On May 1, Ace Credit Company loans Bob $10,000 and perfects a security interest in the car that Bob buys with the money. Bob files for bankruptcy on May 12. The trustee of Bob's estate in bankruptcy may invalidate Ace's security interesta. only if Bob did not file for bankruptcy with the intent to defraud Ace.
b. only if, on May 1, Ace suspected Bob would soon file for bankruptcy.
c. under any circumstances.
d. under no circumstances.
Answer
This answer is hidden. It contains 1 characters.
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