The payment of Olinda's debt to Pari is guaranteed by Olinda's personal property. Pari is most likely to perfect her interest by

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The best choice is to file a financing statement with the appropriate authority. This is the usual way to perfect a security interest in personal property. This notice will put other parties on notice that Pari has a security interest in Olinda's property, and it will protect Pari's interest in the property if Olinda defaults on her debt. The other choices are not relevant to perfecting a security interest. Insuring Olinda's property or calculating the precise amount of her debt would not necessarily protect Pari's interest in the property. Correcting grammatical errors in the agreement would not affect Pari's interest either way.

The Payment of Olinda's Debt to Pari Is Guaranteed by Olinda's