The Notice Filing Systems in Place in Most Provinces Have

Multiple Choice

The notice filing systems in place in most provinces have which of the following advantages?

A) A secured party can perfect its security interest by filing a financing statement electronically.
B) A notice of each new security agreement between a secured party and a debtor is sent to all financial institutions.
C) Notice filings provide notice of the availability of hard copies of security agreements.
D) A secured party can register a security interest as soon as the security agreement is entered into.
E) The notice filing system provides a system of indefeasible validity to registered charges.