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Under the Revised Article 9 of the Uniform Commercial Code

Question 33

Multiple Choice

Under the revised Article 9 of the Uniform Commercial Code, _____.


A) a creditor cannot protect her security interest in collateral against other creditors of a debtor and other third persons
B) a security interest in an after-acquired property cannot attach to that property until the debtor obtains some property rights in the new property
C) a creditor cannot use the collateral to protect his interest in repayment of the money advanced to a debtor by covering future advances
D) the attachment of a security interest to the collateral does not automatically give a secured party a security interest in the proceeds on the disposal of the collateral by the debtor

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