Which of the Following Is NOT Included in the Rules

question 53

Multiple Choice

Which of the following is NOT included in the rules of priority established by Article 9?

• A) A creditor with a perfected security interest has superior rights in the collateral over a creditor with an unperfected security interest
• B) Conflicting perfected security interests rank according to priority in time of filing or perfection
• C) As long as conflicting security interests are unperfected,the first to attach has priority
• D) Security interests are ranked in order by date of obligation (oldest debts have first priority. )

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Definitions:

Necessary Changes

Adjustments or modifications required to improve a situation, process, or product.

Group Project

A collaborative assignment or task undertaken by a group of people, typically students, aiming to achieve a common objective.

Resilient

The ability to quickly recover from difficulties; emotional strength and toughness.

Business Trip

A journey undertaken for work or professional reasons, often involving travel outside one's regular place of employment.