On a Clear Night You Go Outside and Face South

question 101

Multiple Choice

On a clear night you go outside and face south and see circumpolar stars. Then you turn and face north and you see stars rising in the east and setting in the west. Where are you located on Earth

• A)equator
• B)a mid-latitude between the equator and the north pole
• C)south pole
• D)a mid-latitude between the equator and the south pole

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Definitions:

Perfection of Fixtures

The legal process by which a secured interest in a fixture, or personal property attached to real property, is established and made enforceable against other creditors or subsequent buyers.

Automatic Perfection

A provision in secured transactions law where a security interest in collateral becomes legally effective and enforceable immediately upon attachment, without additional action required.

Fixture Filing

Fixture filing is a legal claim on personal property that has been attached or fixed to real estate in a manner that it is considered part of the real property.

Mechanic's Lien

A legal claim against a property for unpaid construction work or supplies, giving the contractor a right to secure payment.