Johnny begs his mom for a $2,000 loan to purchase his dream pet, a Shiba-Inu. Mom finally caves and gives Johnny the loan, and subsequently makes him sign an agreement detailing she has an interest in the dog. Mom immediately files the statement. Is she perfected? Explain.

Answer rating: 100% (QA)

Yes the financing statement can be filed once documentations for loan are comple... View the full answer