Question: Keshon and Robin have a claim to the same collateral: Lachelle's car. Both perfect their security interests by fing a finarcrig statement, Kentors a perfectied
Keshon and Robin have a claim to the same collateral: Lachelle's car. Both perfect their security interests by fing a finarcrig statement, Kentors a perfectied on Morch 1,2023, and Robin's is perfected on Nprt1,2023. The debr Lachelle owes to Keshon is $1,000, and the debr Lachelle cwes to flobin is stoo0 Lachelf ored ithe debre Robin first. Whose security interest has priority?Robin', because the debt Lachelle owes Robin is greater than the debt Lachelle owes Keshon.Keshorr', because when two or more secured parties have perfected security interests in the same collateral, generally the first to perfect has priority.Neither, because perfected security interests are treated equally.Robirr's, because Lachelle owed the debt to Robin first.
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