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    Business Law Today Study Set 1
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    Exam 20: Secured Transactions
  5. Question
    The Payment of Paul's Debt to Ryan Is Guaranteed by Paul's
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The Payment of Paul's Debt to Ryan Is Guaranteed by Paul's

Question 1

Question 1

Multiple Choice

The payment of Paul's debt to Ryan is guaranteed by Paul's 2002 Honda Civic. Ryan filed the financing statement on July 1, 2012. If Ryan does nothing else, the financing statement will be effective until


A) July 1, 2013.
B) July 1, 2014.
C) July 1, 2017.
D) July 1, 2022.

Correct Answer:

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