Which Statement Is Correct Regarding the Effect of XYZ Electronics

question 71

Multiple Choice

Which statement is correct regarding the effect of XYZ Electronics filing a financing statement?

• A)The interest was perfected.
• B)The interest was acknowledged.
• C)The interest was secured.
• D)The interest was guaranteed.
• E)There was no effect because there can only be one security interest,and the bank already had that.

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Definitions:

Professional Values

The ethical principles and standards that guide behaviors and decision-making in a professional context.

Social Work

A professional and academic discipline that seeks to improve individual and community well-being, primarily through direct practice, counseling, and advocacy.

Contraceptive Methodology

Approaches and techniques used to prevent pregnancy as part of reproductive health.

Planned Parenthood

A nonprofit organization that provides reproductive health care and sex education to people worldwide.