Question: PTace name, date and answer on the Scantron and test sheet. Mark test version no . on the scantron in the Test No slot
PTace name, date and answer on the Scantron and test sheet. Mark test version no on the scantron in the "Test No slot on the scantron.
Student Name: Date:
In a dispute between two secured parties with unperfected security interests, which of the following is true?
A The party who loaned the least money on the collateral has priority.
B The party who attached its interest first will prevail.
C The parties must divide the proceeds evenly between them.
D The party who loaned the most money on the collateral has priority.
E The party who attached its interest second will prevail.
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