Exam 29: Security Interests in Personal Property
Exam 1: The Nature of Law90 Questions
Exam 2: The Resolution of Private Disputes90 Questions
Exam 3: Business and the Constitution90 Questions
Exam 4: Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking90 Questions
Exam 5: Criminal Law and Procedure90 Questions
Exam 6: Intentional Torts90 Questions
Exam 7: Negligence and Strict Liability90 Questions
Exam 8: Intellectual Property and Unfair Competition90 Questions
Exam 9: Introduction to Contracts90 Questions
Exam 10: The Agreement: Offer90 Questions
Exam 11: The Agreement: Acceptance90 Questions
Exam 12: Consideration90 Questions
Exam 13: Reality of Consent90 Questions
Exam 14: Capacity to Contract90 Questions
Exam 15: Illegality90 Questions
Exam 16: Writing90 Questions
Exam 17: Rights of Third Parties90 Questions
Exam 18: Performance and Remedies90 Questions
Exam 19: Formation and Terms of Sales Contracts90 Questions
Exam 20: Product Liability90 Questions
Exam 21: Performance of Sales Contracts90 Questions
Exam 22: Remedies for Breach of Sales Contracts90 Questions
Exam 23: Personal Property and Bailments90 Questions
Exam 24: Real Property90 Questions
Exam 25: Landlord and Tenant90 Questions
Exam 26: Estates and Trusts90 Questions
Exam 27: Insurance Law90 Questions
Exam 28: Introduction to Credit and Secured Transactions90 Questions
Exam 29: Security Interests in Personal Property90 Questions
Exam 30: Bankruptcy90 Questions
Exam 31: Negotiable Instruments90 Questions
Exam 32: Negotiation and Holder in Due Course90 Questions
Exam 33: Liability of Parties90 Questions
Exam 34: Checks and Electronic Transfers90 Questions
Exam 35: The Agency Relationship90 Questions
Exam 36: Third-Party Relations of the Principal and the Agent95 Questions
Exam 37: Introduction to Forms of Business and Formation of Partnerships90 Questions
Exam 38: Operation of Partnerships and Related Forms90 Questions
Exam 39: Partners Dissociation and Partnerships Dissolution and Winding up90 Questions
Exam 40: Limited Liability Companies, limited Partnerships, and Limited Liability Limited Partnerships90 Questions
Exam 41: History and Nature of Corporations90 Questions
Exam 42: Organization and Financial Structure of Corporations90 Questions
Exam 43: Management of Corporations90 Questions
Exam 45: Securities Regulation90 Questions
Exam 46: Legal and Professional Responsibilities of Auditors, Consultants, and Securities Professionals90 Questions
Exam 47: Administrative Law90 Questions
Exam 48: The Federal Trade Commission Act and Consumer Protection Laws90 Questions
Exam 49: Antitrust: the Sherman Act90 Questions
Exam 50: The Clayton Act, the Robinsonpatman Act, and Antitrust Exemptions and Immunities90 Questions
Exam 51: Employment Law90 Questions
Exam 52: Environmental Regulation90 Questions
Select questions type
Tom takes his car to be repaired at Smith Auto Garage.Tom was surprised at the total of the bill and refuses to pay the total of the work performed.Smith Auto Garage holds onto Tom's car based on a mechanic lien.Tom stops making payments on the car to Northshore Credit Union,which has a perfected security interest in Tom's car.Smith Auto Garage will get their full amount of their lien prior to Northshore Credit Union receiving funds from a sale of Tom's car.
(True/False)
4.8/5
(30)
Which of the following are automatically covered as of the time the security interest attaches to the collateral?
(Multiple Choice)
4.8/5
(35)
Perfection by mere attachment of the security interest does not require giving public notice.
(True/False)
4.9/5
(31)
In which of the following orders are the proceeds from the sale of collateral by the secured party distributed?
(Multiple Choice)
4.7/5
(39)
In which of the following cases will perfection by attachment not be effective?
(Multiple Choice)
4.8/5
(35)
A security interest is not legally enforceable against a debtor if it is not attached to one or more particular items of the debtor's property.
(True/False)
4.8/5
(35)
A(n)________ is a lien given by a debtor to his creditor to secure payment or performance of a debt or obligation.
(Multiple Choice)
5.0/5
(43)
Smith Auto Sales has a secured loan on its inventory through Northshore Credit Union,which Northshore filed in February.In March,Smith Auto Sales has another secured loan on its inventory from GMAC credit.GMAC files its security interest in May.Which creditor will have priority in the event of a default by Smith Auto Sales?
(Multiple Choice)
4.7/5
(40)
In 2000,Samson Dsouza submits a financing statement to perfect his security interest against Kevin.In 2006,Samson tries to attach a security interest in the property.Will Samson succeed in the attachment of the security interest?
(Multiple Choice)
4.9/5
(30)
Which of the following is not one of the Code classifications of collateral?
(Multiple Choice)
4.9/5
(36)
Article 2 of the UCC governs security interests in personal property.
(True/False)
4.8/5
(35)
A retailer of consumer goods who relies on attachment of a security interest to perfect it does not prevail over a bona fide purchaser:
(Multiple Choice)
4.9/5
(42)
A ________ serves as constructive notice to the world that the creditor claims an interest in collateral that belongs to a certain named debtor.
(Multiple Choice)
4.9/5
(38)
In Woven Treasures,Inc.v.Hudson Capital,L.L.C. ,the case in the text,the court held that Woven Treasures' security interest was unperfected because:
(Multiple Choice)
4.7/5
(35)
In the case in the text,In re Borden,the court concluded that when an artisan loses possession involuntarily:
(Multiple Choice)
4.8/5
(40)
Edith purchases a television set from Big Al's Electronic Emporium,agreeing to pay Big Al in monthly installments on a 12-month payment plan.In order to have a perfected security interest in the television set,Big Al:
(Multiple Choice)
4.8/5
(38)
Which of the following is not one of the basic requirements for a security interest to be attached to the goods of a debtor?
(Multiple Choice)
4.9/5
(25)
Which of the following is a means of obtaining control over the collateral?
(Multiple Choice)
4.9/5
(38)
Showing 61 - 80 of 90
Filters
- Essay(0)
- Multiple Choice(0)
- Short Answer(0)
- True False(0)
- Matching(0)