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  3. Study Set
    Contemporary Business
  4. Exam
    Exam 23: Credit and Secured Transactions
  5. Question
    A Purchase Money Security Interest Takes Priority Over Perfected Security
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A Purchase Money Security Interest Takes Priority Over Perfected Security

Question 128

Question 128

True/False

A purchase money security interest takes priority over perfected security interests in after-acquired property,even if the perfected interest predates the purchase money security interest.

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