Question

Kathy is the secured party in a transaction with Julie, who is the debtor. The collateral is a 2007 Chevrolet F150 pick-up truck. Kathy files a financing statement in which she describes the collateral as "a vehicle." To perfect Kathy's interest this is
a. not sufficient.
b. sufficient.
c. sufficient as long as the financing statement also includes Julie's signature.
d. sufficient as long as the financing statement also includes the location of the collateral.

Answer

This answer is hidden. It contains 1 characters.