If a Bank Wants to Ensure It Will Not Have

question 49

Multiple Choice

If a bank wants to ensure it will not have to expend efforts in repossession,which of the following methods of perfection should it use?

• A)Perfection by possession.
• B)Automatic perfection.
• C)Perfection by movable collateral.
• D)Perfection by filing.
• E)A bank cannot ensure it will not have to repossess the collateral.

---

Definitions:

AntiAromatic

Compounds that are cyclic, conjugated, but do not follow Huckel's rule, resulting in instability and lack of aromatic character.

NonAromatic

A compound that does not contain a cyclic, planar ring with a delocalized π-electron system typical of aromatic compounds.

π Network

The conjugated system of pi bonds found in molecules where alternating single and double bonds allow for delocalization of electrons across the structure.

Aromatic Structures

Compounds containing one or more benzene rings, characterized by a stable ring of atoms with delocalized electrons.