Priorities Among Security Interests - Module 3 of 5

Question 1

Priorities among Article 9 secured creditors are analyzed with regard to:

Question 2

Which is not a general rule of priority?

Question 3

Priority usually goes to:

Question 4

Pre-filing a UCC-1 ensures all but which of the following:

Question 5

To protect its status, a PMSI lender should do all of the following except:

Question 6

What kinds of secured parties can jump in line ahead of other secured parties?

Question 7

Which of the following is not a requirement for a PMSI lender in inventory to take priority over a pre-existing lender?

Question 8

What is the highest possible position for a secured party where the collateral is business equipment?

Question 9

How does the UCC protect landlords and mortgage lenders when a debtor finances fixtures?

Question 10

When can a secured party in fixtures take priority over a mortgage lender?