True/False
When the rights of a seller to the collateral are inferior to those of third persons, the seller has a perfected security interest.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: A security agreement contains the terms of
Q11: If a creditor damages collateral security given
Q12: Discharge of a surety occurs:<br>A)if the creditor
Q13: Explain the right of subrogation of
Q14: A party who undertakes to be responsible
Q15: Which of the following is a requirement
Q16: is/are items of personal property so securely
Q18: Guarantors or sureties who have paid more
Q19: A security interest will attach automatically upon
Q20: Companies may purchase insurance against the risk