Multiple Choice
Lending Bank files a financing statement regarding a transaction with Metro Company. To be valid, the financing statement must contain all of the following except
A) a description of the collateral.
B) a statement of the purpose for the transaction.
C) Lending's name.
D) Metro's name.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Credit Financing Inc. and Debt Lending Company
Q7: Rancho West owes Silo & Barn Inc.
Q8: Loan Company has a security interest against
Q9: Credit Corporation holds a perfected security interest
Q13: Because of depreciation, the amount received on
Q28: Retail Store Inc. can give Secure Loan
Q35: Equipment Company holds a lien on Fertile
Q42: When two conflicting security interests are unperfected,
Q57: Construction Company has a claim against Diners
Q71: Kiosk Jewelers borrows from Lender Inc. and