Maddie enters into a secured consumer debt transaction with Friendly Bank. When Maddie pays the loan in full, Friendly Bank is required to file a statement indicating that it no longer claims a secured interest in the collateral. This statement must be filed within one month from the date the debt is fully paid

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Limited warranties are made more often by sellers and lessors than are full warranties

Indicate whether the statement is true or false

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A legal procedure by which a secured creditor causes the judicial sale of the secured real estate to pay a defaulted loan is known as ________

A) attachment B) accountability C) land sales contract D) foreclosure sale

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Utility patents require which of the following elements?

A) Ornamentality B) Novelty C) Obviousness D) Distinctiveness

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Marketing by manufacturers and wholesalers along the sell-side of the supply chain best defines

A) B2C marketing. B) B2B marketing. C) M2W marketing. D) M2B purchasing.

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