Author Question: A(n) ______security interest is effective against third persons as well as against the buyer. A) ... (Read 60 times)

Coya19@aol.com · **on:** Jun 24, 2018

A(n) ______security interest is effective against third persons as well as against the buyer.
A) universal.
B)prohibitive.
C)perfected.
D)protective.

Question 2

The Armstrongs owned a beach front lot on the Outer Banks in North Carolina. The Armstrongs wished to construct a deck on the second story of their home. When they applied for a permit for the construction, the town denied their application unless the Armstrongs were willing to allow a path from the road through their property to the beach. Which of the following best describes the Armstrongs' rights?
A)The town has control over the permit process and land use and can require the easement.
B)The town can require the easement as long as it does not charge for the permit.
C)The town is never permitted to take an easement on private property.
D)The town cannot have the easement without compensation or deny the permit without cause.