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A Security Interest

Question 63

Multiple Choice

A security interest:


A) is an interest only in personal property to secure payment or performance of an obligation.
B) is effective against third parties, but not the debtor, when it "attaches."
C) may arise in fixtures under UCC Article 9.
D) in fixtures, even if perfected, will not have priority over a mortgage in the real property to which the goods are attached.

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