Generally, When May a Security Interest Be Perfected in Collateral

question 10

Multiple Choice

Generally, when may a security interest be perfected in collateral?

• A) By the secured party's filing a financing statement in the designated public office.
• B) Automatically, on the attachment of the security interest.
• C) By the secured party's taking or retaining possession of the collateral.
• D) Temporarily, for a period specified by the Code
• E) All of these, depending on the type of collateral.

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Definitions:

Genito-Pelvic Pain/Penetration Disorder

Marked difficulty having vaginal penetration; pain or tightening of pelvic floor muscles during penetration.

Sexual Preferences

An individual's patterns of attraction, often defined by the gender identity, gender expression or biological sex they are attracted to.

Transgendered People

Individuals whose gender identity differs from the sex they were assigned at birth.

Minority Sexual Orientation

Sexual orientation that is not heterosexual, reflecting a diversity of sexual preferences and identities.