Multiple Choice
A filed financing statement remains in force for a period of:
A) five years from the date of filing, unless it is extended.
B) four years from the date of filing, unless it is extended.
C) six months from the date of filing, unless it is extended.
D) ninety days from the date of filing, unless it is extended.
E) ten years from the date of filing, unless it is extended
Correct Answer:

Verified
Correct Answer:
Verified
Q94: In terms of the right of redemption,most
Q95: Alice purchases a home for $150,000.She borrows
Q96: Which of the following is true about
Q97: In a mortgage,the creditor is the mortgagor.
Q98: Only one creditor can have a perfected
Q100: _ means that the creditor has an
Q101: What is a mortgage?<br>A) a loan to
Q102: Mechanic's liens are exempt from the rules
Q103: In a foreclosure sale,any surplus must be
Q104: Generally,if the sale of collateral is insufficient