Multiple Choice
Which of the following is true about attachment and perfection of security interests?
A) A security interest may be either attached or perfected,but not both.
B) A security interest must be perfected before it can attach.
C) A security interest may be enforced by the creditor even if it has not been perfected,so long as it has attached.
D) Attachment generally gives the same rights to the secured party as perfection.
Correct Answer:

Verified
Correct Answer:
Verified
Q59: Generally,if two creditors have perfected security interests
Q60: A security interest in a piece of
Q61: Under Article 9 of the UCC,whatever is
Q63: A car dealer borrowed $500,000 from a
Q65: When a valid security interest becomes effective
Q66: More than one creditor can have a
Q67: Pat went to Eighth National Bank in
Q68: Harco is a retailer of appliances.Harco buys
Q69: Which of the following are rules established
Q106: Perfection is necessary in order for a