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[Overextended Debtor] Michael Bought a Flat Screen Television for His

question 38

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[Overextended Debtor] Michael bought a flat screen television for his living room from ABC Electronics,and financed the purchase through ABC Electronics.Later,Michael bought a boat,a new car,and an expensive engagement ring for his girlfriend,and found he was unable to continue making payments on the television.The manager of ABC Electronics called 60 days after the sale and asked Michael to return the television.Michael refused on the basis that ABC Electronics never perfected its interest in the television.He also explained that he had later granted a secured interest in the television along with his other goods to XYZ Credit in return for a loan.No financing statement was filed on behalf of ABC Electronics although XYZ Credit,with no knowledge of any interest of ABC Electronics,did file a financing statement.
-What is the proper designation for the television,under the UCC?

Definitions:

Slave Power

A term used to describe the perceived political power held by slave owners in the United States during the 19th century, which influenced legislation and the balance of power in government.

Statehood

The condition or status of being recognized as an independent nation or a fully integrated part of an existing country, with all accompanying rights and responsibilities.

Missouri Compromise

The Missouri Compromise was an agreement passed in 1820 that allowed Missouri to enter the Union as a slave state and Maine as a free state to maintain the balance between slave and free states.