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A Buyer in the Ordinary Course of Business Has Priority

question 37

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A buyer in the ordinary course of business has priority over any security interest created by the seller.


Definitions:

Stimulus Discrimination

The ability to differentiate between similar stimuli and respond differently based on past learning.

2nd Order Conditioning

A form of conditioning in which a stimulus that becomes a conditioned stimulus is used to condition a second stimulus.

Spontaneous Recovery

The reappearance of a learned response after extinction has occurred, following a period of no exposure to the conditioned stimulus.

Loud Noise

A sound with a high decibel level that can potentially cause hearing damage or discomfort.

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