Multiple Choice
A perfected purchase money security interest in a manufacturer's stock has priority over a conflicting security interest in the same stock if the notification states that the person expects to acquire a purchase money security interest in stock of the debtor and describes the stock.Which of the following priority rules does this statement correspond to?
A) PMSI in noninventory collateral
B) PMSI in inventory collateral
C) Buyer in the ordinary course of business
D) Artisan's and mechanic's lien
Correct Answer:

Verified
Correct Answer:
Verified
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