When a consumer debtor completely fulfills all debts and obligations secured by a financing statement,he/she is entitled to a:
A) continuation statement.
B) termination statement.
C) statement of benefits.
D) statement of claims and defenses.
Correct Answer:
Verified
Q25: A purchase money security interest may be
Q32: The most common way of perfecting a
Q33: A financing statement is valid for a
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Q36: A "perfected" security interest:
A)protects the creditor's security
Q38: Identify the statement that is true of
Q39: A continuation statement:
A)can be filed a month
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Q48: Explain how a security interest is created.
Q48: If the proceeds of sale of collateral
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