If Two or More Secured Parties Claim an Interest in the Same

question 68

True/False

If two or more secured parties claim an interest in the same collateral but neither has a perfected claim,the first to attach has priority.

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Definitions:

Secondary Receptors

Proteins or cellular components that detect signals or substances released by primary receptors and further propagate cellular response.

Receptor Potential

The change in electrical potential across a sensory receptor's membrane that occurs in response to a stimulus, leading to the generation of a nerve impulse.

Neurotransmitters

Chemicals that transmit signals across a synaptic gap between neurons in the nervous system.

Tonic Receptors

Sensory receptors that respond as long as a stimulus is present and adapt slowly to a constant stimulus.