When Mark bought new office furniture on credit, Bartin's Office Supply Co. filed a financing statement. What would be required on the financing statement?
A) The trade name of Mark's business.
B) Mark's signature.
C) Mark's name and an indication of what collateral is covered by the agreement.
D) All of these.

Question

Quizplus · Accepted Answer

A financing statement must include the debtor's name and an indication of the collateral covered. Mark's signature and trade name are not required.

When Mark Bought New Office Furniture on Credit, Bartin's Office