Examlex
Which of the following is NOT true about metaphors?
Financing Statement
A document filed to give public notice that a lender has a security interest in a borrower's personal property.
Effective
In force or operational; commonly refers to the date on which a law, regulation, or agreement is applied or becomes operational.
Secured
Pertaining to a loan or obligation that is backed by collateral to reduce the risk of lending.
Security Interest
A legal claim or liens on property as collateral for the payment of a debt or performance of some other obligation.
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