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Sam is the secured party in a transaction with Lilly, who is the debtor. Sam files a financing statement with the appropriate state official. The financing statement must contain
Intermediate Level
A stage or level that is in between the basic and advanced, often referring to skills, education, or difficulty.
Assertiveness
The quality of being self-assured and confident without being aggressive, enabling individuals to express their thoughts and feelings in a direct, honest manner.
Conflict Avoidance
A behavioral tendency to evade or steer clear of situations that might lead to disagreements or disputes.
Confrontation
A face-to-face meeting or conflict between individuals or groups, often involving a direct challenge or dispute.
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