True/False
Macig enters into a secured consumer debt transaction with Friendly Bank.When Macig pays the loan in full,Friendly Bank is required to file a statement indicating that it no longer claims a secured interest in the collateral.This statement must be filed within one month from the date the debt is fully paid.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: If repossessed collateral is sold or otherwise
Q22: Danson Corp.sends 15 snow blowers by rail
Q24: A security interest may be attached in
Q25: Goods that have become attached to real
Q25: Landscaper Lottie used her machinery,employee labor,and her
Q27: At her neighbor's garage sale,Constance buys a
Q28: The case Citizens Bank of Americus v.Federal
Q32: Fowler Bros.has applied to Gibralter Bank for
Q39: Aubry purchased a washing machine,a freezer,and a
Q39: Article 9 applies to any transaction intended