A secured creditor's right to cash proceeds exists for twenty days after re?ceipt only if the cash is forwarded to the secured party.
Correct Answer:
Verified
Q4: A financing statement's description of collateral as
Q5: An improper filing renders a secured party
Q6: To have an enforceable security interest in
Q7: For a creditor to have an enforceable
Q10: A chair bought by a business office
Q10: Filing a financing statement with the appropriate
Q15: Collateral is the subject of a security
Q16: A purchase-money security interest in consumer goods
Q17: A security interest is enforceable only if
Q19: A financing statement is effective only if
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents