Write a security agreement in which your friend gives you a security interest in her $20,000 home entertainment system, in exchange for a loan of $12,000. Because the collateral is something that she...

Write a security agreement in which your friend gives you a security interest in her $20,000 home entertainment system, in exchange for a loan of $12,000. Because the collateral is something that she uses daily, what special concerns do you have? How will you protect yourself? Next, find the UCC1 financing form at http://www.intercountyclearance. com/ra9/ra9ucc1.pdf. Print the form, then complete it. In what office of your state should you file in order to perfect?