Essay
On July 1,Acledes Bank attaches and perfects a security interest in all of Playo Inc.'s present and after-acquired equipment.On July 15,Richard sells and delivers a new toy-manufacturing machine to Playo Inc.Richard attaches a security interest in the machine on July 16 and perfects it by filing on July 17.Which security interest has priority and why?
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Richard's interest has priority.A purcha...View Answer
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Correct Answer:
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