Assume the Bank's Filing of the Financing Statement Constitutes a Proper

question 61

Multiple Choice

Assume the bank's filing of the financing statement constitutes a proper perfection,what type of interest does Dryden have in the hang glider?

• A)Dryden would have a claim against the hang glider only as an unsecured creditor.
• B)Dryden would have a claim against the hang glider based on the amount of the loan.
• C)Dryden would have no claim for the hang glider.
• D)Dryden would be a secured creditor.
• E)Both Dryden and the bank would have an equivalent claim to the hang glider.

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The operational activities and procedures involved in the flow of goods and services from suppliers to customers in a supply chain.

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