Multiple Choice
Which of the following items does not need to be included in a financing statement?
A) the debtor's name
B) the debtor's mailing address
C) the secured party's name
D) a description of the collateral
E) what constitutes a default in the underlying loan agreement
Correct Answer:
Verified
Correct Answer:
Verified
Q9: If a security interest is perfected but
Q10: If an affected secured party fails to
Q11: Which of the following is true about
Q12: A financing statement can be filed regardless
Q13: A purchase money security interest automatically perfects
Q15: Arthur borrowed $2,000 from Doug,and gave Doug
Q16: The filing requirements for security interests can
Q17: A buyer in the ordinary course of
Q18: What risks are there for lenders who
Q19: The automatic perfection rule applies only to