A "Perfected" Security Interest

question 18

Multiple Choice

A "perfected" security interest:

• A)protects the creditor's security interest in collateral against other creditors of the debtor.
• B)becomes effective even when the creditor does not give anything of value to the debtor.
• C)gives the creditor protection against other creditors of the collateral but not against other purchasers of the collateral.
• D)does not provide the creditor rights vis-à-vis the debtor.

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