Multiple Choice
Perfection ________ is a situation where the creditor does not have to file a financing statement or take possession of the goods to perfect a security interest.
A) by possession of collateral
B) by attachment
C) by claim
D) without statement
Correct Answer:
Verified
Correct Answer:
Verified
Q33: Tangible personal property includes securities, patents, trademarks,
Q34: A _ is a written document signed
Q35: Which of the following refers to the
Q36: A financing statement covering fixtures is called
Q37: Explain the priority of claims for secured
Q39: Distinguish between two-party and three-party secured transactions,
Q40: Which of the following terms refers to
Q41: Which of the following is true of
Q42: Gregory borrows $200,000 from Mountain Bank to
Q43: _ is a situation in which a