Examlex

Solved

Which of the Following Is Considered Data

question 153

Multiple Choice

Which of the following is considered data?


Definitions:

Financing Statement

A document filed by a creditor to indicate a security interest in the debtor’s assets, used to perfect a lien.

Secured Party

An individual or organization that holds interest in a secured transaction as a creditor, protected by collateral.

Financing Statement

A document filed to give public notice of a secured party's interest in the personal property of a debtor, usually in relation to a secured transaction.

Improper Filing

The submission of legal or official documents in a manner that does not comply with prescribed requirements or regulations.

Related Questions