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What Is the National Standard for Perfecting a Security Interest

Question 118

Multiple Choice

What is the national standard for perfecting a security interest in an automobile or a boat?


A) Perfection by pledge or perfection by filing
B) Perfection by filing or perfection by possession
C) Automatic perfection or perfection by possession
D) Automatic perfection or perfection by filing
E) No national standard exists for perfecting a security interest in an automobile or a boat.

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