Carr corp. sells vcrs and videotapes to the public. carr sold and delivered a vcr to sutter on credit. sutter executed and delivered to carr a promissory note for the purchase price and a security agreement covering the vcr. sutter purchased the vcr for personal use. carr did not file a financing statement. is carr’s security interest perfected?

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answer; risk transference;

answer; rapid growth in buyer demand and high buyer switching cost;