Multiple Choice
Stan bought a motorcycle for $4,000 on credit extended by the seller Cooper Motors.Stan signed a security agreement with the seller for the credit he obtained.Cooper Motors didn't file a financing statement for the credit offered.In this case,Cooper Motors automatically obtained the creditor's security interest through ________.
A) perfection by possession of collateral
B) perfection by financing
C) perfection by attachment
D) perfection by claim
Correct Answer:
Verified
Correct Answer:
Verified
Q21: A _ is a record that evidences
Q51: Which article of the Uniform Commercial Code
Q79: Discuss the difference between secured and unsecured
Q80: In an unsecured credit,the creditor relies on
Q81: In a deed of trust arrangement,the legal
Q82: Which of the following real property transactions
Q83: A writ of attachment is a prejudgment
Q85: The term _ refers to a written
Q86: Which of the following best describes writ
Q87: The surety is primarily liable for paying