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To Be Sufficient,a Financial Statement

Question 47

Multiple Choice

To be sufficient,a financial statement:


A) must not provide any additional information concerning the property on which the collateral is located.
B) must be effective for a period of two years from the date of filing.
C) must be filed only in the state of the debtor's residence.
D) must indicate the collateral covered by the financing statement.

Correct Answer:

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