Under a field warehouse financing agreement: - 3810

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  • Posted on: Tue 27 Mar, 2012
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Request Description

Under a field warehouse financing agreement:

          a.   collateral inventories are physically separated from other inventories of the borrower.

          b.   collateral inventories are placed under the control of a third party.

          c.   a warehouse receipt is issued which might or might not be negotiable.

          d.   all of the above.

Solution Description

Under a field warehouse financing agreement: