Bill lends Harvey $1,500 and the loan is secured by Harvey's furniture. If Bill files a financing statement on January 30, 2012 how long will it be effective?
A) Until July 30, 2012.
B) Until January 30, 2017.
C) Until January 30, 2032
D) For 30 days.
Correct Answer:
Verified
Q47: A bond, which guarantees the performance of
Q48: Bill owns and operates a farm and
Q49: If Regency Services, Inc. wishes to protect
Q50: Upon paying the principal debtor's entire obligation,
Q51: If the surety is a(n) _, then
Q53: A security interest:
A) is an interest only
Q54: The types of indispensable paper include:
A) chattel
Q55: Dr. Wells purchased a refrigerator for use
Q56: The right of a surety who has
Q57: A defense that can only be asserted
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