The Process of Perfection

question 55

Multiple Choice

The process of perfection

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