4. A perfected security interest is far from perfect. We examined several exceptions

to normal perfection rules involving BIOCs, consumer goods, and so on. Are the

exceptions reasonable? Should the UCC change to give the holder of a perfected

interest absolute rights against absolutely everyone else?

NOTE:

-This problem is from Chapter 16 of Textbook: Introduction to Business Law, 6th Edition Jeffrey F. Beatty; Susan s. Samuelson: Patricia Sanchez Abril ISBN-10:1-337-40434-1