Edison Auto, an automobile dealer, filed bankruptcy. Deepak Pockets, its lender, held a security interest in Edison Auto's inventory of cars and filed a UCC-1 financing statement. The bankruptcy trustee files a motion to avoid the security interest of Deepak Pockets, on the ground that Deepak Pockets was required to perfect by having its security interest noted on the certificate of title for each car in the inventory. Is Deepak Pockets' security interest in the inventory perfected? 

(A) No. It failed to have the necessary notation on the certificate of title made. 

(B) Yes. A UCC-1 financing statement does perfect, where the autos are inventory of an automobile dealer. 

(C) No. One big certificate of title should be made. 

(D) Yes. The creditor is perfected by possession

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The detailed answer for the above question is provided below The correct answer is A No It failed to ... View the full answer