Multiple Choice
Fiona borrows $1,000 from Garden State Bank, using her recreational vehicle (RV) , which she purchased at Hugo's RV Sales & Service, as collateral. To perfect its security interest, the bank must file its financing statement with
A) the secretary of state.
B) the county clerk.
C) the city treasurer.
D) Hugo's RV.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Sara needs $1,500 to buy textbooks and
Q50: Metro Motors files a financing statement giving
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
Q56: A financing statement is effective for five
Q58: Capital Projects, Inc., files a financing statement
Q59: Authenticate means to sign or to adopt
Q60: Jones lives in Illinois, but works in