Rich Financial,Inc

question 62

Multiple Choice

Rich Financial,Inc. ,files a financing statement regarding a transaction with Standard Business Company.To be valid,the financing statement must contain all of the following except

• A)a description of the collateral.
• B)a statement of the purpose for the transaction.
• C)Rich's name.
• D)Standard's name.

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Definitions:

Miranda Warnings

A requirement for police in the United States to inform suspects of their rights to silence and legal counsel before interrogation.

Separate But Equal

A doctrine that justified and upheld racial segregation, claiming that services could be separate but still equal.

Prior Restraint

A government action that prohibits speech or other expression before the speech happens, based on the anticipation of harm.

Right Of Privacy

The concept that one's personal information is protected from public scrutiny and the government cannot invade it without a compelling need.