According to the UCC, which of the following should a financing statement list?
A) The names and addresses of all parties involved only.
B) Two items: (1) the names and addresses of all the parties involved and (2) a description of the collateral.
C) Three items: (1) the names and addresses of all the parties involved, (2) a description of the collateral, and (3) the signature of the debtor.
D) Three items: (1) the name of the financing bank, (2) the name of the debtor, and (3) a description of the collateral.
E) Three items: (1) the name of the financing bank, (2) the signature of the debtor, and (3) a description of the collateral.
Correct Answer:
Verified
Q16: A bank taking possession of collateral does
Q17: A person or party that has an
Q18: _ is the person or the party
Q19: The creditor must perfect a security interest
Q20: The buyer can obtain the good involved
Q22: Which of the following under the UCC
Q23: How long does a secured party's interest
Q24: Which of the following is true under
Q25: The term _ is the designation for
Q26: _ is defined as the series of
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