Great State Bank loans money to Seth, securing the loan with property owned by Seth. Great State Bank is advised by its attorney to file a financing statement. Great State Bank doesn't understand why it should spend the extra money for this filing, since Seth has told them that he has no other creditors. Why should Great State Bank file a financing statement?

A financing statement will protect Great State priority right with other creditors by giving a notice to other creditors that it claims a security interest in the collateral.

Explanation: A financing statement could be defined as a legal document filed by a creditor or lender showing information security interest in collateral used to secure a debt. It is also used to notify other creditors or lenders of the security interest.

Thus, from the scenario above, the step Great State bank was advised to take by it's attorney is to protect Great State priority right with other possible lenders, as the financing statement will notify them that Great States Bank possess a security interest in the collateral.

the correct answer is 2.

a slump in geology means a mass movement process of slope failure. a mass of rock or unconsolidated material drops along a slip surface. in other words, rock layers move a short distance down the slope. the slump block is an intact block (2), without any landslide material.

in this image, 1 is the surface of rapture (scarp), 2 the slump block, 3 main scarp (crown), 4 base of rapture with debris flow.

slumps are caused by clear cutting on unstable soils and the sagging of earth, in coastal areas they are due to wave infiltration.

d.) continue to rise rapidly