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

Question 22

Multiple Choice

Bill lends Harvey $1,500 and the loan is secured by Harvey's furniture.If Bill files a financing statement on January 30,2012 how long will it be effective?


A) Until July 30, 2012.
B) Until January 30, 2017.
C) Until January 30, 2022, if a continuation statement is filed within six months prior to expiration
D) Both (b) and (c) .

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