Multiple Choice
Under the UCC,for a security interest to attach,the:
A) debtor must agree to the creation of the security interest or the secured party must have possession of the property.
B) creditor must properly file a financing statement.
C) debtor must be denied of all rights in the collateral.
D) creditor must take and hold the collateral.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Which of the following is not a
Q24: Where the creditor has possession of the
Q25: Generally,a buyer in the ordinary course of
Q26: The two-step process for obtaining an enforceable security
Q27: Which of the following statements about a
Q29: A buyer in the ordinary course of
Q30: An example of chattel paper is a:<br>A)dock
Q31: The basic priority rule for competing security
Q32: The debtor defaults on his agreement with
Q33: Which of the following is an option