Multiple Choice
Metro Motors files a financing statement giving notice to the public that it has a secured interest in collateral belonging to Nate's Limousine Service, which is the debtor named in the statement. A uniform financing statement used in all states is
A) the UCC Financing Statement.
B) the UCC Collateral Form.
C) Form UCC-2.
D) none of the choices.
Correct Answer:

Verified
Correct Answer:
Verified
Q45: The concept of a floating lien applies
Q46: A financing statement must include the creditor's
Q47: A security interest cannot become perfected unless
Q48: Any breach of the terms of the
Q49: Credit Financing, Inc., and Equity Lending Company
Q51: Market Credit Corporation is the secured party
Q52: Bagels Café defaults on debts to Country
Q53: Whatever a secured party obtains on a
Q54: Most of the customers in any business
Q55: Fiona borrows $1,000 from Garden State Bank,