Question 6. If two secured parties have both perfected their security interest in the same collateral, which creditor is entitled to repossess and sell the collateral?

A. The one whose security interest attached first.

B. The one whose security interested was perfected first.

C. The one who advanced the loan proceeds first.

D. The one who loaned the most funds.

Правильный ответ:

B. The one whose security interested was perfected first.

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