39.A creditor finances the purchase of consumer goods. Perfection occurs -automatically -upon the filing of a financing statement -when the debtor delivers the collateral to the creditor -upon the filing of a continuation statement

39.A creditor finances the purchase of consumer goods. Perfection occurs -automatically -upon the filing of a financing statement -when the debtor delivers the collateral to the creditor -upon the filing of a continuation statement

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

39.A creditor finances the purchase of consumer goods. Perfection occurs

-automatically

-upon the filing of a financing statement

-when the debtor delivers the collateral to the creditor

-upon the filing of a continuation statement

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