Multiple Choice
On April 10,Amy agreed to buy a riding lawn mower from Mowers Plus,signing a promissory note and security agreement giving Mowers Plus a security interest in the mower.On April 15,Amy took delivery of the mower.On May 1,Mowers Plus filed a financing statement.Which of the following is correct?
A) Despite the agreement,Mowers Plus could not create a security interest in the mower since it is a consumer good.
B) Mowers Plus has attachment of a security interest in Amy's mower.
C) Mowers Plus completed the attachment of a security interest in the mower when it filed the financing statement on May 1.
D) The security interest has not attached,but attachment is unimportant to enforceability of a security interest.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Fowler Bros.has applied to Gibralter Bank for
Q33: For a security interest to attach,there must
Q34: Article 9 of the UCC only applies
Q35: A PMSI in consumer goods perfects automatically,without
Q36: Wanderlust gave a security interest in his
Q38: Micky,a mechanic,repaired Daphane's Dodge.Daphane failed to pay
Q39: Aubry purchased a washing machine,a freezer,and a
Q40: Bagsby owns a business selling insects for
Q41: Article 9 applies to any transaction intended
Q42: Great State Bank and First Federal Bank