Perfection of a security interest permits the secured party to protect its rights by :
a. avoiding the need to file a financing statement.
b. preventing another creditor from obtaining a security interest in the same collateral.
c. establishing priority over the claims of most subsequent secured creditors.
d. denying the debtor the right to possess the collateral.
the answer is
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an llc also known as a limited liability corporation is a type of business often pays similar taxes as that of a sole proprietorship or a partnership depending on whether there are one or more members. an llc is normally formed by one or more people and they are given an ein number which is their business id number whereas a sole proprietor will use their social security number as their business id number.
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