Which of the following is a way of perfecting a security interest?
A)Mere attachment of security interest
B)Filing a private notice
C)Creditor making a private sale of the collateral
D)Debtor retaining the possession of the collateral

Question

Quizplus · Accepted Answer

Under the Code,there are three main ways of perfecting a security interest.It can be done either by filing a public notice of the security interest;by the creditor's taking possession or control of the collateral;or in certain transactions,by mere attachment of the security interest,which is known as automatic perfection.

Which of the Following Is a Way of Perfecting a Security