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    Smith and Robersons Business Law
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    Exam 37: Secured Transactions and Suretyship
  5. Question
    A Purchase Money Security Interest in Equipment Takes Priority Over
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A Purchase Money Security Interest in Equipment Takes Priority Over

Question 76

Question 76

True/False

A purchase money security interest in equipment takes priority over a conflicting security interest if the purchase money interest is perfected within thirty days of the debtor's receipt of the goods.

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