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Bill Lends Harvey $1,500 and the Loan Is Secured by Harvey's

Question 79

Multiple Choice

Bill lends Harvey $1,500 and the loan is secured by Harvey's furniture.If Bill files a financing statement on June 30, 2009 how long will it be effective?


A) Until December 30, 2009.
B) Until June 30, 2014.
C) Until June 30, 2019, if a continuation statement is filed.
D) Both (b) and (c) .

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