The First Security Interest Perfected by a Registration May Lose

question 5

Multiple Choice

The first security interest perfected by a registration may lose priority to all of the following EXCEPT

• A)a security interest perfected by possession prior to the other interests' registration.
• B)a purchase-money security interest.
• C)a statutory lien or trust.
• D)a bad faith purchase of goods in the ordinary course of a business.
• E)a security interest in investment property perfected by control.

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