QuestionJune 12, 2025

Which of the following parties would not be able to defeat an attached and perfected security interest in the same collateral owned by a creditor? (Choose all of the correct answers.) A subsequent attached and perfected party A buyer in the ordinary course of business A prior attached but unperfected party A prior attached and perfected party A landlord who files a valid landlord's lien

Which of the following parties would not be able to defeat an attached and perfected security interest in the same collateral owned by a creditor? (Choose all of the correct answers.) A subsequent attached and perfected party A buyer in the ordinary course of business A prior attached but unperfected party A prior attached and perfected party A landlord who files a valid landlord's lien
Which of the following parties would not be able to defeat an attached and perfected security
interest in the same collateral owned by a creditor?
(Choose all of the correct answers.)
A subsequent attached and perfected party
A buyer in the ordinary course of business
A prior attached but unperfected party
A prior attached and perfected party
A landlord who files a valid landlord's lien

Solution
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Answer

- A subsequent attached and perfected party - A landlord who files a valid landlord's lien Explanation In the context of secured transactions, a perfected security interest generally has priority over unperfected interests. A buyer in the ordinary course of business can defeat certain security interests, while prior attached but unperfected parties do not have superior rights. Landlords with valid liens may also hold priority.

Explanation

In the context of secured transactions, a perfected security interest generally has priority over unperfected interests. A buyer in the ordinary course of business can defeat certain security interests, while prior attached but unperfected parties do not have superior rights. Landlords with valid liens may also hold priority.
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