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Perfection of a security interest occurs when: Question 9 options: the security interest has attached, the lender has advanced funds, and the security interest is

Perfection of a security interest occurs when: Question 9 options: the security interest has attached, the lender has advanced funds, and the security interest is registered the security interest has been granted and the security agreement has been registered the security interest has attached and the lender has registered the interest or possesses the collateral the security interest has attached, the debtor has defaulted and the creditor either registers the interest or takes possession of the collateral

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