What type of collateral must be perfected through possession?

A) Certificates of deposit
B) Stocks
C) Bonds
D) Certificates of deposit,stocks,and bonds
E) No types of collateral must be perfected through possession

Perfected Through Possession

A legal status indicating that a party's interest in a piece of property or an asset is fully secured and acknowledged legally because they possess it.

Stocks

Equity investments representing ownership interests in corporations, giving shareholders a claim on the company's earnings and assets.

Certificates of Deposit

Interest-bearing bank deposits with a fixed maturity date, penalty for early withdrawal, and are insured.