The beneficiary of a life insurance policy has the right to assign the policy as security for a loan

Indicate whether the statement is true or false

FALSE

Business

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On October 1, Winslow Corporation obtained a loan commitment of $250,000 from Liberty National Bank. Liberty filed a financing statement on October 2. On October 5, the $250,000 loan was consummated and Winslow signed a security agreement granting the bank a security interest in inventory, accounts receivable, and proceeds from the sale of the inventory and collection of the accounts receivable. Liberty's security interest was perfected

A. On October 1. B. On October 2. C. On October 5. D. By attachment.

Business

Behavioral grouping can be accomplished quickly and with great detail as demonstrated by Spotlight Analysis when they found the swing voters they coined as the barn raisers

a. true b. false

Business