Multiple Choice
Which of the following is true of financing statements?
A) They cannot be electronically filed.
B) They are effective for one year from the date of filing.
C) They cannot be extended once they expire.
D) They are available for review by the public.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q39: Distinguish between two-party and three-party secured transactions,
Q40: Which of the following terms refers to
Q41: Which of the following is true of
Q42: Gregory borrows $200,000 from Mountain Bank to
Q43: _ is a situation in which a
Q45: A financing statement refers to a document
Q46: A two-party secured transaction occurs when a
Q47: When a creditor extends credit to a
Q48: Security interest is the rate of interest
Q49: Darrel, Smith, Keith, and Aaron are claimants