Identify the Statement That Is True of Perfection by Attachment

question 32

Multiple Choice

Identify the statement that is true of perfection by attachment of consumer goods.

• A) If the secured party filed a financing statement for the collateral, the new buyer takes the collateral free of any security interest.
• B) If the goods are to become fixtures, the creditor can get full protection through perfection by attachment.
• C) If the new buyer buys from the debtor without knowledge of the interest, for value, and for personal use, the new buyer takes free of the security interest.
• D) If the consumer goods are motor vehicles for which the state issues certificates of title, perfection by attachment to the vehicle is effective.

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Definitions:

Nonviolent

Referring to actions, movements, or methods that do not involve force or violence to achieve goals.

Bureaucratic Social Structures

Organizational frameworks characterized by strict hierarchical order, rules, and regulations governing behavior and processes.

Established Patterns

Regularities or routines in behavior or activities that are widely acknowledged and followed within a society.

Behavior

Actions or reactions of an organism, usually in relation to its environment, encompassing a wide range of activities and responses.