Question
Carter Corporation loaned $500,000 to Ford Foundation pursuant to an oral agreement granting a security interest in certain shares of stock held by Ford. Ford
Carter Corporation loaned $500,000 to Ford Foundation pursuant to an oral agreement granting a security interest in certain shares of stock held by Ford. Ford refused to sign a security agreement, but instead delivered the stock certificates in question to Carter.
Select one or more:
a.
The security interest of Carter is not perfected until Ford signs the security agreement or Carter files a financing statement, whichever occurs first.
b.
Carter must file a financing statement, or a copy of a security agreement, signed by the debtor to perfect its security interest.
c.
Carter has a perfected security interest in the collateral.
d.
Carter must sign the security agreement, and file either the security agreement or a financing statement to perfect its security interest in the shares of stock.
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