History of Business Finance
BMO [1976, SKCA] [Dietz] 87. Proceeds Rights 88. ... Lenders tailor their interest rates to the risk (among other factors). Security interests reduce the risk, and therefore allow for lower interest rates. ... C1 – was unperfected (didn’t get a PMSI or regular security interest) C2 – got mortgage over property and at the same time, all ... ................
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