A financing statement is effective only if it is filed electronically.
Correct Answer:
Verified
Q5: A security interest is enforceable only if
Q15: Collateral is the subject of a security
Q16: A purchase-money security interest in consumer goods
Q17: A description of collateral as "all the
Q18: The person who owes the payment of
Q20: A security interest may attach to intangible
Q21: On default, unless the security agreement states
Q22: The price that a secured party obtains
Q23: When a secured debt is paid, the
Q24: Cross-collateralization occurs when an asset that is
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