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Natural Resource Investment Company and Mega Bank Are Secured Parties

Question 66

Multiple Choice

Natural Resource Investment Company and Mega Bank are secured parties with security interests in property owned by LNG Gas Corpora-tion. Between these interests,the first to be filed or perfected has priority over other filed or perfected security interests in


A) most circumstances.
B) no circumstances.
C) states that have not adopted Article 9 of the UCC.

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