Question: Please help!!!! Really stuck on these. 1) A secured party can release any of the collateral described in a filed financing statement even if the

Please help!!!! Really stuck on these.

1) A secured party can release any of the collateral described in a filed financing statement even if the debtor has not paid the debt. True or False?

2) A financing statement cannot be amended once it has been filed. True or False?

3) After the proper disposition of collateral, if the secured party has not collected all that the debtor owes, the creditor must accept the deficiency. True or False?

Thank you!

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