Which of the Following Are Rules Established by the UCC

question 69

Multiple Choice

Which of the following are rules established by the UCC when determining priority among conflicting claims of creditors?

• A) A secured creditor's interest is equal to an unsecured creditor's interest.
• B) A perfected security interest has priority over a mere interest in the same collateral.
• C) If there are two or more perfected security interest in the same collateral,the last to perfect has priority as it is the most recent interest that has been filed.
• D) All of these are correct.

---

Definitions:

Chronic Pain

Persistent or recurrent pain lasting longer than three months, often resistant to medical treatment and affecting an individual's quality of life.

Arthritis

A condition causing pain and inflammation in joints.

Breakthrough Pain

A sudden and temporary flare-up of pain that breaks through the regular pain management plan.

Opioid Tolerance

A physiological adaptation in which the body requires gradually increasing doses of opioids to achieve the initial effect of pain relief.