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The new fourth edition of this highly acclaimed work provides a penetrating explanation of the law and regulation of credit and security. Regularly cited in courts and in legal literature, it explores the fundamental concepts of common law and equity as they affect secured transactions.
Its rigorous analysis brings clarity to complex, technical areas. By showing accurately how underlying principles apply to different transactions it helps avoid misunderstanding and disputes. Given the increased activity in complex lending and credit arrangements, the new edition is more relevant than ever for an understanding of the essential law relating to secured transactions.