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2 points is the transfer of collateral to a secured party for the purpose of per

ID: 2582050 • Letter: 2

Question

2 points is the transfer of collateral to a secured party for the purpose of perfection. Reiease Allegiant Alonge Piedge O Transfer QUESTION 17 2 pointsSa lien is a lien that is created solely through statute, regardless of whether the debtor wishes the lien to be created. Evaluated Statutory Approved Judgment Consensual QUESTION 18 2 points Sa After judgment is entered against Kylie in a suit for nonpayment by a creditor, the judge orders a local sheriff to seize and sell some of Kylie's valuab This is an example of a Writ of execution Decree of sale Decree of seizure Writ of discharge Order of attachment

Explanation / Answer

17 pledge is the transfer of collaboration to secured party for perfection

18 order of attachment

19 true

20 trustee

21 true

22 consensual