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Edith purchases a television set from Big Al s Electronic Emporium, agreeing to pay Big Al in monthly installments on a 1 2 - month
Edith purchases a television set from Big Als Electronic Emporium, agreeing to pay Big Al in monthly installments on a month payment plan. In order to have a perfect security interest in the television set, Big Al:
a must file a financing statement with the appropriate public office.
b should not do anything as it is already perfected.
c should have Edith sign another contract recognizing Big Als security interest.
d must create a field warehousing arrangement.
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