Lee decides to lend the $2 million to Organicola rather than purchase shares in the company….

Lee decides to lend the $2 million to Organicola rather than
purchase shares in the company. Organicola has offered as security: (1) its
factory and the Torrens System land on which it is located; (2) its two
delivery vehicles; and (3) its stock of inventory. Advise Lee about the nature
of his interest in each of these securities and how they can best be protected.

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