Which of the Following Is True About Perfection of Fixtures

question 22

Multiple Choice

Which of the following is true about perfection of fixtures?

• A)Automatic perfection does not apply for consumer goods that are yet to become fixtures.
• B)A creditor who relies on attachment for perfection will prevail against other creditors who hold an interest in the good to which the consumer good is attached.
• C)Fixture filing is always necessary to perfect the security interest in any good.
• D)A creditor with a security interest in a consumer good that will become a fixture,obtains perfection merely by attachment of her security interest to a consumer good.

---

Definitions:

Dominant Strategy

In game theory, a strategy that is best for a player regardless of the strategies chosen by the other players.

Payoff

The return or profit from an investment or action.

Alternative Option

A different choice or course of action that is available to individuals or organizations.

Zero-Sum Game

In game theory, a scenario where the gain or loss of one player is precisely offset by the losses or gains of the other players.