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A Perfected Security Interest

Question 30

Multiple Choice

A perfected security interest:


A) protects a creditor's security interest in collateral against other creditors of a debtor.
B) becomes effective even when a creditor does not give anything of value to a debtor.
C) gives a creditor protection against other creditors of the collateral but not against other purchasers of the collateral.
D) does not provide a creditor rights vis-à-vis a debtor.

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