The Most Common Way of Perfecting a Security Interest Is

question 43

Multiple Choice

The most common way of perfecting a security interest is by:

• A)automatic perfection.
• B)filing a financing statement in the appropriate public office.
• C)posting private notice of the interest.
• D)mere attachment of the security interest.

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Definitions:

Urochordates

A subphylum of chordates; includes the tunicates.

Vertebrates

Animals that possess a backbone or spinal column, including fishes, amphibians, reptiles, birds, and mammals.

Hemichordata

A phylum of marine animals that share some traits with chordates, such as a dorsal nerve cord, but have distinct features like a stomochord.

Larval Tunicates

The juvenile stage of tunicates (marine invertebrates), which is free-swimming and undergoes metamorphosis into the adult form.