Regarding protection in movable collateral that is moved from one state to another, what does the UCC provide?
What will be an ideal response?
According to the UCC, a security interest in collateral that has been perfected in one state will generally transfer to another state for a period of four months from the date that the property is brought into the state. The secured party may reperfect the interest in the new state. However, if the interest is not reperfected, the secured party may lose its protection.
You might also like to view...
Explain open-ended and closed-ended questions and how they differ.
What will be an ideal response?
Which of the following statements is true of web analytics as a tool that inhabits the experience data ecosystem?
A) They aid in sentiment testing from social media content. B) They are generally reported at the aggregate level. C) They can track both the behaviors and attitudes of customers over time. D) They include techniques such as ethnography and focus group.
The highest priority in emergency response plans should be to ______.
A. preserve physical assets B. protect the environment C. restore programs and normal operations D. protect human life
The Railway Labor Act makes mediation ____________________ for negotiators in the railway and airline industries.
A. legal B. optional C. mandatory D. illegal