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Question 41 The most commous way to perfect a security interest is ly: o linga notice of lies in the appropriate legal publico oiling a
Question 41 The most commous way to perfect a security interest is ly: o linga notice of lies in the appropriate legal publico oiling a financing statement at appropriate governmental office O rethining possession of the collateral by the credior O filing sul to obtain a money Judgment Question 42 w A secured creditor may resort to this remedy in the event of the debtor's default, provided it can be accomplished without breaching the peace o obtaining money judgment O obtaining a court order for seizure of the collateral O self help repossession One of the above Question 43 This concept permits a creditor to obtain a security interest in goods that were not in the debtor's possession when the security agreement was entered into Orative financing o the floating Ben O intangible property repossession : Home : Si... MyLab & Mastering... Courses N Home - NetSuite (S... U WAMAP e My Next Move MindTap - Cengage... Question 43 This concept permits a creditor to obtain a security interest in goods that were not in the debtor's possession when the security agreement was entered into O creative financing o the floating lien O intangible property O repossession Question 44 When a creditor finances the purchase of an item of personal property they obtain this type of security interest in the collateral O a purchase money security interest O a consumers Security interest o adefacto security interest 0 all of the above Question 45 In a security agreement, the is the party who owes money and the is the entity who has a security interest in the collateral and has the right to be repaid o creditor, bank O trustee loan officer O debtor secured creditor O none of the above
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