The Process of Perfection

question 64

Multiple Choice

The process of perfection

• A) refers to the creditor's ability to successfully enforce a security by receiving a payment of money.
• B) can be used in substitution for the process of attachment.
• C) is necessary to the enforcement of any type of security interest.
• D) may be satisfied by possession in some circumstances.
• E) is available, free of charge, under the provincial personal property security system.