Question: Please indicate true or false and why 9. A termination statement identifies the original financing statement by its file number and declares that it is
Please indicate true or false and why
9. A termination statement identifies the original financing statement by its file number and declares that it is still effective. 10. A letter of credit is binding without consideration. 11. The perfection of a security interest under the Uniform Commercial Code can be continued indefinitely by filing successive continuation statements. 12. Under consumer protection statutes, a plaintiff (consumer) need not prove intentional misconduct on the part of the wrongdoer.
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