A Buyer in the Ordinary Course of Business Has Priority

question 37

True/False

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

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Definitions:

Historically Accumulated

Pertains to knowledge, traditions, or characteristics gathered and developed over long periods of time.

Critical Race Theory

An intellectual movement and framework that examines society and culture as they relate to categorizations of race, law, and power.

Race

A social construct that categorizes human populations based on physical characteristics such as skin color, facial features, and hair texture.

Racialize

The process by which certain groups are classified or categorized based on perceived racial characteristics.