Question: Under the Revised UCC Secured Transaction Article, what is the effect of perfecting a security interest by filing a financing statement? a. The secured party
Under the Revised UCC Secured Transaction Article, what is the effect of perfecting a security interest by filing a financing statement?
a. The secured party can enforce its security interest against the debtor.
b. The secured party has permanent priority in the collateral even if the collateral is removed to another state.
c. The debtor is protected against all other parties who acquire an interest in the collateral after the filing.
d. The secured party has priority in the collateral over most creditors who acquire a security interest in the same collateral after the filing.
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