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1. Discuss Florida State version of the section 9-501 of the Uniform Commercial Code. Where must a financing statement be filed in your state to

1. Discuss Florida State version of the section 9-501 of the Uniform Commercial Code. Where must a financing statement be filed in your state to perfect a security interest? Would it be the same office if filing were required in the state of washington? 2. Are the following "entities" under the Bankruptcy Code? *A relative who lent the debtor money *A partnership that sold the debtor goods on credit *A corporation that sold the debtor goods on credit *An estate that sold the debtor heirlooms on credit * A trust fund that owed the debtor wages for services *A school district that owed the debtor money for services * The united stated trustee 3. Ted, Alice, Bob and Carol formed a partnership for the sale of hot tubs. Under the partnership, Ted and Alice were to manage the business. Bob and Carol contributed most of the money for start-up costs and were silent partners. The partnership agreement provided that all profits would be divided equally among the four. Within six months, business failed and the partnership filed for bankruptcy under Chapter 7. Are Ted, Alice, Bob, and Carol equity security holders

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