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Generally,a Security Interest Is Perfected When The

Question 31

Multiple Choice

Generally,a security interest is perfected when the:


A) secured party has done everything that the law requires to give the secured party greater rights to the goods than others have.
B) secured party has a legally enforceable right to take that property and sell it to satisfy the debt.
C) buyer takes the property subject to a mortgage and the seller agrees to continue paying the debt.
D) goods are sold,but regained as soon as the debtor takes possession of the new property.

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