Secured Transactions and Suretyship
• Name and define the various types of collateral.
• Explain the purposes, methods, and requirements
of attachment and perfection.
• Discuss the priorities among the various parties who
may have competing interests in collateral and the
rights and remedies of the parties to a security
agreement after default by the debtor.
• Explain the requirements for the formation of
a suretyship relationship.
• Explain the rights of a creditor against a surety
and the rights of a surety, including those of
a cosurety.
