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A Financing Statement Is Effective for No More Than Five

question 84

True/False

A financing statement is effective for no more than five months from the date of filing.


Definitions:

Conventional Oil

Oil that is produced through traditional drilling methods, as opposed to unconventional methods like fracking.

Net Energy Ratio

A measure comparing the amount of energy available from a resource to the amount of energy used to obtain that resource.

United States

A country in North America consisting of 50 states and a federal district, known for its significant influence on world economics, politics, and culture.

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