Automatic Perfection Means That

question 25

Multiple Choice

Automatic perfection means that:

• A) no financing statement need be filed.
• B) no agreement need be made between the debtor and the secured party.
• C) no value need be advanced.
• D) All of these are true about automatic perfection.

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Definitions:

A Priori Truth

Knowledge that is true independently of experience, known through reason alone.

Philosophical Question

A fundamental inquiry into the nature of reality, existence, knowledge, values, reason, mind, and language.

Corresponds to the Facts

Denotes something that is in agreement with the reality or truth.

Philosophers and Scientists

Individuals engaged in systematic approaches to understanding the world; philosophers explore fundamental questions about existence, knowledge, and ethics, while scientists focus on empirical evidence and testable theories.