Under the Secured Transactions Article of the UCC, which of the following statements is (are) correct regarding the filing of a financing statement?
I. A financing statement must be filed before attachment of the security interest can occur.
II. Once filed, a financing statement is effective for an indefinite period of time provided continuation statements are timely filed.
A. I only.
B. II only.
C. Both I and II.
D. Neither I nor II.
B. II only.
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Nothing can tarnish the reputation of a nonprofit as fast as
a. not meeting fundraising goals b. poor management of financial trusts c. deriving revenues from sources unrelated to their core mission d. using a "hard sell" in working with donors e. asking volunteers to do too much