Providing Only a Debtor's Trade Name in a Financing Statement

question 15

True/False

Providing only a debtor's trade name in a financing statement is sufficient for perfection even if the trade name is not the legal name of the business.

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Definitions:

Behaviourism

A branch of psychology focused on studying and modifying observable behaviors.

Cognition

The intellectual activity that involves obtaining knowledge and insight via reasoning, undergoing experiences, and sensory perception.

Empiricism

A philosophy of knowledge that emphasizes the role of experience and evidence through the senses in the formation of ideas, over the notion of innate ideas or traditions.

Acquiring Knowledge

Acquiring knowledge involves the process of learning, understanding, and making sense of information, which can occur through experiences, education, or observation.