Multiple Choice
The Total Household Appliance store sells a refrigerator to Alvin,on the condition of making payments in installments.In this case,to perfect its security interest,the store:
A) has to file its purchase money security interest.
B) need not file its purchase money security interest.
C) has to take possession of the refrigerator.
D) need not attach the refrigerator.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Which of the following is most likely
Q41: Under revised Article 9,the UCC allows a
Q42: Which of the following statements is true
Q43: If the debtor defaults on his agreement
Q44: Revised Article 9 of the UCC,which governs
Q46: A security interest is said to be
Q47: The perfection of a security interest by
Q48: What are the three options available to
Q49: The secured party whose interest in fixtures
Q50: If a creditor fails to comply with