Attachment Flashcards
1
Q
Attachment Elements
A
Violet Roses Smell Amazing (Value, debtor has Rights, Security Agreement)
2
Q
Security Agreement Elements
A
RAD (record/written, that is Authenticated by the debtor, and Describes the collateral)
3
Q
Attachment rule statement
A
A valid security interest in collateral against a debtor requires attachment to the collateral, and against others requires perfection of the interest.
If Attachment, then enforcement rights.