1.The required method of perfection of a security interest in instruments is ______.

a.Filing a financing statement

b.A mechanic's lien

c.A purchase-money security interest

d.Possession

2.Pearl sued Cab and was awarded a judgment for $50,000. Cab has a collection of his orchestra memorabilia on exhibit at the Cotton Club, which would satisfy the judgment. Pearl can reach Cab's assets, even though they are held by a third party, through ______.

a.attainder

b.attachment

c.garnishment

d.execution

3.Marlene has a savings account at First National Bank, as well as a mortgage and a car loan. When Marlene filed for bankruptcy, First National could take the money in Marlene's savings account as partial payment for the loans. First National used its right of ______.

a.setoff

b.redemption

c.execution

d.levy in distress