If a manufacturer wanted to sell their product on credit to a dealer who had already given

Question:

If a manufacturer wanted to sell their product on credit to a dealer who had already given a bank a security interest in all of their current and future property, could the manufacturer obtain a security interest in the product they supplied that would rank ahead of the bank’s? Assume that the bank’s security interest is perfected.

Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...

Fantastic news! We've Found the answer you've been seeking!