Which of the Following Is True About Financing Statements

question 26

Multiple Choice

Which of the following is true about financing statements?

• A) A financing statement never includes descriptions of the real estate.
• B) A financing statement serves as an implied notice to the world.
• C) A financing statement is effective for a period of three years from the date of filing.
• D) A financing statement must give the name of the secured party.

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Definitions:

Parasitic Infections

Conditions caused by parasites that invade the body, leading to various symtoms and health issues.

WBCs

White Blood Cells, part of the immune system helping to fight infections and other diseases.

Eosinophils

A type of white blood cell involved in the body’s immune response, especially known for its role in fighting parasitic infections and involvement in allergic reactions.

Hematocrit

The ratio of the volume of red blood cells to the total volume of blood, expressed as a percentage, used to diagnose and treat various conditions.