Which of the Following Elements Is an Exception That Validates

question 59

Multiple Choice

Which of the following elements is an exception that validates a financing statement,which covers goods that are to become fixtures,without it being lapsed?

• A)Name of the debtor
• B)Name of the secured party
• C)Description of a real estate mortgage
• D)Description of a nonfixture

---

Definitions:

Pseudocyesis

A condition in which a person believes they are pregnant and exhibits some pregnancy symptoms, but no actual pregnancy exists.

False Pregnancy

A condition in which a person believes they are pregnant and may even exhibit pregnancy symptoms, but is not actually pregnant.

Circum-

A prefix meaning around or about, often used in medical and geographical terms.

Around

Located or positioned on every side, or in a circular direction or position surrounding an object.