Practice question
Which method can perfect a security interest in a tangible asset under Section 12?
- Only a newspaper announcement
- Only oral reassurance
- Registration or possession as the statute provides
- Only an affidavit of the creditor’s age
- Only delivery of a real-estate title
Legal references
- RA 11057, Section 12: https://lawphil.net/statutes/repacts/ra2018/ra_11057_2018.html
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