Identify the Statement That Is True of Perfection of Attachment

question 22

Multiple Choice

Identify the statement that is true of perfection of attachment of consumer goods.

• A)If the secured party filed a financing statement for the collateral,the new buyer takes the collateral free of any security interest.
• B)If the goods are to become fixtures,the creditor can get full protection through perfection by attachment.
• C)If the new buyer buys from the debtor without knowledge of the interest,for value and for personal use,the new buyer takes free of the security interest.
• D)If the consumer goods are motor vehicles for which the state issues certificates of title,perfection by attachment is effective.

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Definitions:

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