Under the UCC, a Security Interest for Consumer Goods Is

question 49

Multiple Choice

Under the UCC, a security interest for consumer goods is perfected:

• A) without filing
• B) only with filing
• C) if the creditor fills out the proper forms in court
• D) if the creditor is approved by a court official
• E) none of the other choices are correct

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Definitions:

Shoestring Lobbyist

describes a lobbyist or advocacy effort operating with very limited financial resources, often relying on grassroots methods.

Public Policy

The principles, often unwritten, on which social laws are based, developed and implemented by government bodies to address public issues.

Coalition

An alliance or partnership between individuals, groups, or nations formed to achieve a common goal or to address a specific issue.

Electoral Process

The series of steps and procedures through which officials are selected by voting in a democratic system.