Perfected without filing financing statement

Assignment Help Operation Management

Reference no: EM132244574

1. For how long is a financing statement effective, assuming a continuation is not filed?

a. 5 years from the date of filing

b. 3 years from the date the financing was signed

c. 10 years from the date of filing

d. 6 months

2. In which of the following can a security interest NOT be perfected without filing a financing statement?

a. purchase of a television

b. purchase of a refrigerator

c. purchase of a boat

d. purchase of furniture

3. Which of the following is NOT a requirement for a security agreement?

a. must include creditor's rights upon default

b. must be signed by the creditor

c. must contain a description of the collateral

d. must include debtor's promise to repay

Reference no: EM132244574

Questions Cloud

How are patients prepared for nuclear medicine procedures : Nuclear medicine is a specialized branch of modern medicine that exploits the process of radioactivity for imaging, diagnosis, and treatment.

Method of perfecting security interest : What kind of legal notice do financing statements provide? Which of the following is NOT a method of perfecting a security interest?

What are the shortcomings of new public value : Referencing the text readings and other sources, what are the shortcomings of New Public Value/New Public Service? Do these shortcomings make it unrealistic?

Explain the effect of the environmental movement : Identify three of the most environmentally negative impacts of the Industrial Revolution and justify your choices.

Perfected without filing financing statement : In which of the following can a security interest NOT be perfected without filing a financing statement?

Practice charge occurred in order to invalidate the election : Does the union need to prove that an unfair labor practice charge occurred in order to invalidate the election?

Identify structure and function of the cardiovascular system : Assignment - Cardiovascular Provider Newsletter. Identify the structure and function of the cardiovascular and circulatory system

Develop strategies and goals in order to enhance performance : BMGT364 Employ effective planning processes to develop strategies, goals, and objectives in order to enhance performance and sustainability organize human.

Business strategy and corporate strategy : What is Walmart's mission statement, business strategy and corporate strategy?

User Account

All Pages