Multiple Choice
Fact Pattern 29-1B
Call's Farm & Ranch Supply,Inc. ,uses its inventory as collat?eral for a loan from Deland County Bank.The bank files a financing statement with the secretary of state in the state in which Call's was chartered.One year later,Call's changes its name to Big C's,Inc.
-Refer to Fact Pattern 29-1B.To continue the effectiveness of its perfected interest,Deland County Bank must file
A) a continuation statement after the original filing expires.
B) an amendment to the financing statement before the period expires.
C) a new financing statement immediately.
D) a notice of repossession with all interested creditors.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: Rich Financial,Inc. ,files a financing statement regarding
Q23: Delgado is a retail seller of television
Q24: Roni,a debtor,wants to confirm the amount of
Q25: Darling is the secured party in a
Q26: A security interest in collateral does not
Q28: A security interest is not enforceable after
Q29: In most states,a financing statement must be
Q30: A floating lien "floats" with an item
Q31: Fact Pattern 29-2B <br>General Leasing Company (GLC)buys
Q32: The payment of Dylan's debt to Ezra