A Continuation Statement Is Effective Only If It Is Filed

question 12

True/False

A continuation statement is effective only if it is filed within six months before the expiration of a financing statement.

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Definitions:

People

Human beings collectively considered as members of a community or society.

Culture

A complex system of values, beliefs, traditions, and customs shared by a group and transmitted from generation to generation.

Common Traits

Characteristics or attributes shared by a group, either within a population or among specific individuals.

Figuring It Out

The process of solving a problem, understanding a concept, or making sense of a situation through reasoning or experimentation.