Multiple Choice
Sally is the secured party in a transaction with Lilly, who is the debtor. Sally files a financing statement with the appropriate state official. The financing statement must contain
A) Lilly's signature.
B) Sally's bank account information.
C) Lilly's credit report.
D) a photograph of the collateral.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: On a debtor's default, he perfection of
Q2: A financing statement is an agreement that
Q4: Attachment gives the debtor a defense against
Q5: Khalil holds a security interest in inventory
Q6: The payment of Fritz's debt to Gianini
Q7: Fact Pattern 30-1B (Questions B15-B16 apply)<br>Resource Drilling
Q8: City Bank's financing statement in collateral owned
Q9: A security interest can cover property in
Q10: A security agreement need not be in
Q11: Kathy is the secured party in a