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Which of the Following Is True About When Perfection and Attachment

Question 11

Multiple Choice

Which of the following is true about when perfection and attachment occur?


A) Either can occur before the other.
B) They always occur simultaneously.
C) Attachment cannot occur until there has been perfection.
D) Attachment must occur before or at the same time as perfection.
E) There can only be one attached and one perfected security interest in a given piece of collateral.

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