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    Essentials of Business Law
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    Exam 25: Secured Transactions
  5. Question
    The Initial Term for Which a Financing Statement Will Be
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The Initial Term for Which a Financing Statement Will Be

Question 17

Question 17

Multiple Choice

The initial term for which a financing statement will be effective is:


A) one year.
B) five years.
C) ten years.
D) It depends on what the secured party decides.

Correct Answer:

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