In this module, you have learned about secured transactions, as well as when attachment and perfection occurs. For this assignment, think of three items you personally have that involve a security. If you do not actually have any property in which another holds a security interests, list three items that you can envision having in the future, and complete the assignment as if you currently hold them.

• List the three items you chose.
• For each of the three items, explain if and when attachment occurred.
• For each of the three items, explain if and when perfection occurred.
• Explain the priority each of the creditors would have if you defaulted on your promise to pay.