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:

Efficient Market

A market in which prices fully reflect all available information, making it impossible to consistently achieve higher-than-average returns.

Profit Opportunities

Situations or strategies through which a business can increase its profits, often by improving efficiency, entering new markets, or innovating products and services.

Macroeconomic Analysis

The study and evaluation of the economy as a whole, including factors like inflation, unemployment, and economic growth.

Macroeconomy

The sector of economics study that deals with the performance, structure, and behavior of an economy as a whole, focusing on economy-wide phenomena.