When the Filing of a Financing Statement Is Defective: ______

question 22

Multiple Choice

When the filing of a financing statement is defective: ______.

• A) the security interest is lost.
• B) the filing fails to perfect the security interest.
• C) the security interest is perfected through the court's application of equitable principles.
• D) the public notice of the creditor's interest is still effective.

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Definitions:

Customer Groups

Segments of customers categorized based on shared characteristics, preferences, or behaviors, for targeted marketing or service strategies.

Work Flow Analysis

The study of the flow of work processes and activities with the aim of identifying opportunities for improvement in efficiency and performance.

Outputs

The results or products that come from the processes of a system, organization, or project.

Production

The method of producing products and services by integrating work, resources, and technological innovation.