Dale owns an excavating business and has a large piece of heavy machinery in which his bank has a perfected security interest. Strapped for cash, Dale takes out a loan with EZ cash, using the same piece of Machinery as collateral. EZ cash files a lien against the Machinery. If Dale defaults on the loan with EZ Cash, EZ cash

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Since Dales bank already has a perfected security interest in the piece of heavy machiner... View the full answer