Miscellaneous Quiz / Secured Transactions Priorities (Copy)

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Types of Collateral, Perfection, Priorities

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Score 0/28 Timer 10:00
HintAnswer
Unperfected v. Unperfected
Unperfected v. Perfected
Perfected v. Perfected
Seller-financed PMSI (Def.)
Financer-financed PMSI (Def.)
PMSI has superpriority over conflicting SI if: [N/A inventory/livestock]
PMSI in inventory/livestock has priority if:
Seller-financed PMSI v. Financer-finaned PMSI
Judgment lien holder has priority over a conflicting SI if . . .
SI has priority over a judgment lien holder if:
PMSI has priority over a judgment lien holder if:
Statutory lien claimant has priority over:
The only way to perfect a deposit account is:
Three types of collateral that can only be perfected by control:
HintAnswer
This method of perfection by control has superpriority:
The other method of perfection by control is (has priority, but not superpriority)
As between two SIs perfected by control (not considering superpriority):
Financing Statement Requirements (plus description of real property)
Consumer Goods
Equipment
Inventory
Farm Products
Instruments
Investment Property
Account
Deposit Account
Chattel Paper
Documents

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