Which of the following is true about attachment and perfection of security interests?
A) A security interest may be either attached or perfected, but not both.
B) A security interest must be perfected before it can attach.
C) A security interest may be enforced by the creditor, even if it has not been perfected, so long as it has attached.
D) Attachment generally gives the same rights to the secured party as perfection.
E) Security interests in goods other than consumer goods are usually automatically perfected.
Correct Answer:
Verified
Q95: Which of the following is true about
Q96: Which of the following is true regarding
Q97: Most states permit foreclosure by _,although this
Q98: Which of the following is true about
Q99: A type of security interest that does
Q101: Under Article 9 of the Uniform Commercial
Q102: Which of the following is true about
Q103: Which of the following items does not
Q104: The concept of a deficiency judgment applies
Q105: Generally,if two creditors have perfected security interests
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents