Question

Stan bought a motorcycle for $4000 on credit extended by the seller cooper motors. stan signed a security agreement with the seller for the credit he obtained. Cooper motors didn't file a financing statement for the credit offered. in this case, cooper motors automatically obtained the creditor's security interest through ____

A. perfection by attachment

B.perfection by the possession of the collateral

C.perferction by claim

D.perferction by fiancing

Answer 1

Question:-Stan bought a motorcycle for $4000 on credit extended by the seller cooper motors. stan signed a security agreement with the seller for the credit he obtained. Cooper motors didn't file a financing statement for the credit offered. in this case, cooper motors automatically obtained the creditor's security interest through ____

Answer:- perfection by financing