Multiple Choice
When the creditor becomes a secured party with an interest in the collateral,________ occurs.
A) attachment
B) subrogation
C) accord and satisfaction
D) novation
E) perfection
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: What type of paper indicates both a
Q31: Chapter 11 reorganization must be voluntary.
Q32: Under Chapter 7,liquidation may be voluntary but
Q33: According to the Uniform Commercial Code,what happens
Q34: A security interest in collateral that has
Q36: Which of the following is an amendment
Q37: If a party completes a Chapter 7
Q38: Bankruptcy remedies are available to individuals and
Q39: The Bankruptcy Abuse Prevention and Consumer Protection
Q40: Which of the following is false regarding