Which of the Following Is True Under the UCC Regarding

question 69

Multiple Choice

Which of the following is true under the UCC regarding a security interest in collateral that has been perfected in one state when the collateral is moved to another state?

• A)A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of four months from the date that the property is brought into the other state.
• B)A security interest in collateral that has been perfected in one state will generally expire immediately when the collateral is moved to another state.
• C)A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of 30 days from the date that the property is brought into the other state.
• D)A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of six months from the date that the property is brought into the other state.
• E)A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of two months from the date that the property is brought into the other state.

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Definitions:

Creative Performance

relates to the generation of new and useful ideas, solutions, or products within a professional setting, reflecting an individual’s innovative capabilities.

Employee Fear

The apprehension experienced by employees regarding potential negative consequences within the workplace, such as job loss or failure.

High Turnover

Describes a situation where a company or organization experiences a high rate of employees leaving and needing replacement over a short period.

Recurrence

The act of occurring again, especially after a certain period or due to specific circumstances.