Question: Question 5 0.5 pts A purchase money security interest involves O consumer credit for a consumer good O Defaulting on a state loan O Defaultinng

Question 5 0.5 pts A purchase money security

Question 5 0.5 pts A purchase money security interest involves O consumer credit for a consumer good O Defaulting on a state loan O Defaultinng on a federal loan O Purchase of a good from a foreign country Question 6 0.5 pts A financing statement O Means that there has been a default o Is optional and does not have any particular impact 0 Is not mentioned in the UCC O is filed with a government office Question 7 0.5 pts A process for establishing the right of a secured creditor against other creditors is O Default O Breach O Perfection O Warranty Question 8 0.5 pts Collateral o Is personal property subject to a security agreement O is only part of the common law of contracts Is indirectly related to dollar amounts 0 Is never attached to a security agreement

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