Multiple Choice
Which of the following will have the lowest repayment priority?
A) a debt secured by a financing statement filed in the proper office
B) a debt secured by a financing statement that has not been filed
C) a credit purchase at Sears, made with a Sears credit card
D) a credit purchase at Sears, made with a Visa credit card
E) whichever of the above transactions was first contracted
Correct Answer:
Verified
Correct Answer:
Verified
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