Eunice purchased a station wagon from Lindy's Auto Store. To finance the purchase she entered into a finance agreement with Lindy's in writing which stated the terms of the finance agreement. Eunice then drove the car home. Which statement below is correct?
A) The debt Eunice owes to Lindy's Auto Store is not perfected.
B) The debt Eunice owes to Lindy's is perfected by possession.
C) The debt Eunice owes to Lindy's is automatically perfected.
D) The debt Eunice owes to Lindy's is perfected by control.
Correct Answer:
Verified
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