One way a creditor can perfect a security interest is _____________ . a. by filing a...

One way a creditor can perfect a security interest is _____________ .

	a.	by filing a UCC-1 with the correct government office (in Texas, the Secretary of State).
	b.	by creating a Purchase Money Security Interest which perfects automatically.
	c.	all of the answers are ways a creditor can perfect a security interest.
	d.	by the secured party taking possession of the debtor’s collateral.

Expert Solution

Answer : C. All of the answers are ways a creditor can perfect a security interest.

Explanation : Creditor may perfect a security interest by filing a financial statement, taking control of collateral and automatically, retaining possession, while taking control temporarily as specified by UCC.

keosha answered 3 years ago

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One way a creditor can perfect a security interest is _____________ . a. by filing a...

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