Question: a) What is so special about a PMSI? b) How does one obtain a PMSI? c) Are the goods in this case inventory or non-inventory?
b) How does one obtain a PMSI?
c) Are the goods in this case inventory or non-inventory?
d) What is the difference?
e) To obtain priority for a non-inventory PMSI, what must a company do?
f) Did Citizens have an earlier perfected PMSI?
g) Was Federal Financial required to file within 20 days of the skidder's December delivery?
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a A properly perfected PMSI takes priority over an earlier perfected nonPMSI security in... View full answer
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