Which of the Following Elements Is an Exception That Validates

question 59

Multiple Choice

Which of the following elements is an exception that validates a financing statement,which covers goods that are to become fixtures,without it being lapsed?

• A)Name of the debtor
• B)Name of the secured party
• C)Description of a real estate mortgage
• D)Description of a nonfixture

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Definitions:

Standard Deviation

An indicator of how much the values in a dataset spread out or vary from one another.

Standard Error

A measure of the statistical accuracy of an estimate, indicating the variability of sample means around the population mean.

Mean

A statistical measure representing the central or typical value in a set of data, calculated as the sum divided by the number of observations.

Directional

Pertains to hypotheses or tests that specify the expected direction of the relationship or difference between variables, as opposed to non-directional or two-tailed tests.