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If a Bank Wants to Ensure It Will Not Have

Question 64

Multiple Choice

If a bank wants to ensure it will not have to expend efforts in repossession,which of the following methods of perfection should it use?


A) Perfection by possession.
B) Automatic perfection.
C) Perfection by movable collateral.
D) Perfection by filing.
E) A bank cannot ensure it will not have to repossess the collateral.

Correct Answer:

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