Which of the Following Is True of a Financing Statement

question 1

Multiple Choice

Which of the following is true of a financing statement? ​

• A)It is not signed by a debtor.
• B)It can be substituted by a security agreement if it contains the appropriate information.
• C)It does not describe the collateral.
• D)It contains the mailing address of a guarantor.

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Definitions:

Ganglion Cells

Neurons located near the inner surface of the retina of the eye, involved in the initial processing of visual information.

Optic Nerve

The nerve responsible for conducting visual data from the retina to the brain.

Visual Receptors

Cells located in the retina that are sensitive to light and play a key role in vision by converting light energy into neural signals.

Retina

A layer at the back of the eyeball containing cells that are sensitive to light and trigger nerve impulses that pass via the optic nerve to the brain, where a visual image is formed.