A(n)________ Refers to a Document Filed by a Secured Creditor

question 15

Multiple Choice

A(n) ________ refers to a document filed by a secured creditor with the appropriate government office that constructively notifies the world of his or her security interest in personal property.

• A)security disclosure
• B)financing statement
• C)possession statement
• D)custodial statement

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Definitions:

Georgia

A state in the Southeastern region of the United States or alternatively, a country located at the intersection of Europe and Asia.

Economic Impact

The effect that an event, policy, or market trend has on economic factors such as GDP, employment, and inflation.

Civil War

A war between citizens of the same country, often resulting from disputes over governance, territory, or other internal issues.

Social Impact

The effect of an activity on the social fabric of the community and well-being of the individuals and families.