What Is the Role of a Financing Statement in a Consignment

question 49

Multiple Choice

What is the role of a financing statement in a consignment if the consignor files it?

• A) It protects the consignor from bearing a risk of loss for the goods.
• B) It protects the consignor from possible payment revocation by the consignee.
• C) It gives the buyer's creditors claim over the goods.
• D) It gives the seller's creditors claim over the goods.

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Definitions:

Dividends Increasing

A situation where a company is raising the dividend payments it makes to shareholders over time.

Market Rate

The prevailing interest rate available in the marketplace on investments or loans, determined by supply and demand forces.

Annual Dividend

A distribution of profits to shareholders by a corporation, typically done annually.

Growth of Dividend

The increase in the amount of dividend payments issued by a company over time, reflecting its growing profitability and cash flow.