Multiple Choice
The payment of Cathy's debt to Debt Collection Corporation is guaranteed by Cathy's personal property. Debt Collection is most likely to perfect its interest by
A) insuring the property for the full amount of its value.
B) calculating the precise amount of the debt.
C) correcting grammatical errors in the parties' written agreement.
D) filing a financing statement with the appropriate authority.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: Owen is given value by Payday Sales
Q28: A court's order to seize a debtor's
Q29: Equity Bank lends funds to Fabrication Company
Q30: Improper filing of a financing statement can
Q31: A floating lien is a security interest
Q33: The right of contribution is a right
Q33: A secured party perfects a claim by
Q34: A lien protects a creditor's claim for
Q36: Rosalyn inherits a diamond and ruby necklace
Q37: Auto Sales & Finance wants to get