When Dealing with Security Interest,the Failure of a Creditor to Register

question 43

Multiple Choice

When dealing with security interest,the failure of a creditor to register

• A)will result in a legal offence,which invalidates the creditor's interests.
• B)would always be quite foolish.
• C)may be a matter of too much trouble and expense.
• D)will risk that the debtor can prevail in a lawsuit.
• E)allows the provisions in the Sale of Goods Act to govern where there is an innocent third party.

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