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Debit & Credit Financing, Inc

Question 14

Multiple Choice

Debit & Credit Financing, Inc., and Equity Lending Company are secured parties with security interests in property owned by Fleet Shipping Corporation. Priority between these security interests is generally determined by


A) the amount of the claim.
B) the custom in the trade.
C) the time of perfection or attachment.
D) the "float" of the liens.

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