ABC Bank filed a UCC-1 financing statement for all equipment owned by X Corp in 2017. In
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ABC Bank filed a UCC-1 financing statement for all equipment owned by X Corp in 2017. In 2018, FinanceCorp financed the sale of new equipment to X Corp and properly perfected a PMSI on the equipment. FinanceCorp’s security interest has priority over ABC Bank’s.
a. True
b. False
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Related Book For 
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
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