Question: Match the following terms with their definitions: ___ A. Attachment ___ B. BIOC ___ C. Perfection ___ D. PMSI ___ E. Priority 1. Someone who
___ A. Attachment
___ B. BIOC
___ C. Perfection
___ D. PMSI
___ E. Priority
1. Someone who buys goods in good faith from a seller who deals in such goods
2. Steps necessary to make a security interest valid against the whole world
3. A security interest taken by the person who sells the collateral or advances money so the debtor can buy it
4. The order in which creditors will be permitted to seize the property of a bankrupt debtor
5. Steps necessary to make a security interest valid against the debtor, but not against third parties
Step by Step Solution
3.32 Rating (164 Votes )
There are 3 Steps involved in it
5 A Attachment 1 B BIOC 2 C Perfection 3 D PMSI 4 E ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
86-L-B-L-C (215).docx
120 KBs Word File
