To be effective,a security interest must be legally enforceable against the debtor.This legal enforceability is known as perfection.

Question

Quizplus · Accepted Answer

Perfection is a step beyond the creation of a security interest; it is the process that makes the security interest enforceable against third parties. A security interest is legally enforceable against the debtor upon attachment, not perfection.

To Be Effective,a Security Interest Must Be Legally Enforceable Against