Multiple Choice
In the case in the text,In re Lance,the court held that the credit union's security interest in the snowmobile automatically perfected because:
A) the snowmobile was a consumer good.
B) the credit union filed a financing statement with the secretary of state.
C) the credit union possessed the snowmobile.
D) the credit union filed a continuation statement before the financing statement lapsed.
Correct Answer:

Verified
Correct Answer:
Verified
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