Examlex
Evaluate the formula =AND(G2="FT",M2>=1) based upon the information provided.
-What value is returned assuming that G2 contains the value FT and M2 contains the value 2?
Termination Statement
An amendment to a financing statement which states that the debtor has no obligation to the secured party.
Financing Statement
A Financing Statement is a document filed to give public notice of a secured party's interest in the personal property of a debtor, used mainly in secured transactions.
Consumer Good
A product or commodity that is produced and purchased to satisfy the personal or family needs of the consumer.
Secured Interest
A legal claim or lien on assets or property, granted to a lender as security for the repayment of a debt, giving the lender rights to the collateral if the debt is not repaid.
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