First Bank Loaned $100,000 to Marlin's Store to Purchase Computers

question 33

Essay

First Bank loaned $100,000 to Marlin's Store to purchase computers for its inventory.Marlin signed a financing agreement,which First Bank duly filed in the appropriate public office.Caroline came into Marlin's Store and purchased a computer that was subject to the security interest held by First Bank.Assuming that Caroline is a buyer in the ordinary course of business,whose interest in the computer has priority?

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Definitions:

KVM Switch

A device that allows a user to control multiple computers from a single keyboard, video monitor, and mouse.

Virtualize

The act of creating a virtual version of something, including but not limited to operating systems, servers, and networks.

Bandwidth

The width of a communications channel, which defines the channel’s capacity for carrying data.

Camera Resolution

The number of pixels contained on a display monitor, used as a measure of the detail or clarity of a photographic or video image.