Credit Extender,Inc

Multiple Choice

Credit Extender,Inc.(CE) ,a creditor,wants to perfect its interest in property owned by Dandy Goods,Inc.(DG) .Filing a financing statement

A) gives notice to other creditors of CE's security interest.
B) is a technicality that has no practical effect.
C) reduces CE,on DG's bankruptcy,to an unsecured creditor.
D) transfers DG's property into CE's possession.