1. Under the Personal Property Securities Act 2009 (Cth), what is the nature of the security interest held by Small Lender                                                                                                            (14 marks)
  2. Under the Personal Property Securities Act 2009 (Cth), can Small Lender claim an interest in the bobcat sold to Jones & Nephew Pty Ltd?                                                                           (10 marks)
  3. Under the Personal Property Securities Act 2009 (Cth), can Small Lender claim an interest in the $8,000 in Bob Smith’s bank account?  (Only complete Question 3 & no more than 300 words)                                                                                (6 marks)