Question: 79. Eagle Stores , Inc., borrows $5, 000 each from EZ Credit Corporation , First National Bank , and Great Products Corporation . Eagle uses

79. Eagle Stores , Inc., borrows $5, 000 each from EZ Credit Corporation , First National Bank , and Great Products Corporation . Eagle uses its " present inventory and any thereafter acquired " to secure the loans from EZ Credit and First National . EZ Credit perfects its interest on April 1 , followed by First National on April 5 . Eagle* buys new inventory on April 10 from Great Products and signs a security agreement , giving Great Products a purchase - money security interest in the new inventory . On the same day , Great Products perfects its interest and notifies EZ Credit and First National . Eagle takes possession of the new inventory on April 15 . On April 20, Eagle defaults on all of the loans . Whose security interest has priority ?"
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