When Mark Bought New Office Furniture on Credit, Bartin's Office

question 58

Multiple Choice

When Mark bought new office furniture on credit, Bartin's Office Supply Co. filed a financing statement. What would be required on the financing statement?

• A) The trade name of Mark's business.
• B) Mark's signature.
• C) Mark's name and an indication of what collateral is covered by the agreement.
• D) All of these.

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Definitions:

Reabsorption

The process in the kidneys where nutrients, water, and essential ions are reabsorbed into the bloodstream from filtered fluid.

Secretion

The process by which substances are produced and discharged from a cell or gland.

Urine Concentration

The process by which the kidneys regulate the electrolyte balance and water content in the body by adjusting the volume and concentration of urine.

Antidiuretic Hormone

A hormone also known as vasopressin that helps control the balance of water in the body by reducing the amount of water excreted in the urine.