Mark Filed a Financing Statement on Daniel's Collateral on March

question 82

Multiple Choice

Mark filed a financing statement on Daniel's collateral on March 2.However,attachment of this interest did not occur until March 4.Meanwhile,Charles,who had attached a security interest on the same collateral on March 1,filed a financing statement on March 3.Which interest has priority and why?

• A)Mark's interest has priority because he filed the security interest before Charles did.
• B)Charles' interest has priority because he attached the security interest first.
• C)Mark's interest has priority because his attaching was the latest.
• D)Charles' interest has priority because his filing was the latest.

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Definitions:

Groups

Groups refer to sets of subjects or items that are categorized together based on specific characteristics or treatments in an experiment or study.

Statistical Analysis

The process of collecting, reviewing, interpreting, and presenting data to discover underlying patterns and trends.

P < .01

Indicates that the probability of the observed data (or more extreme) given that the null hypothesis is true is less than 1%, suggesting strong evidence against the null hypothesis.

Null Hypothesis

A presumption in statistical inference that indicates no significant variance between groups or no significant relationship between variables.