Coffee for coffee cart business

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Reference no: EM131627789

Francine must purchase $1,500 of coffee for her coffee cart business. Kevin agrees to loan Francine the money she need, but requires her cart as collateral. Both agree in writing and sign. Francine, though, uses the cart. Does Kevin have a security interest? Describe the best practice for Kevin to inform others he has an interest in the cart?

Reference no: EM131627789

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