In a dispute between two secured unperfected parties which of the

Question

In a dispute between two secured unperfected parties, which of the following is true?

A. The party who attached its interest first will prevail.

B. The party who attached its interest second will prevail.

C. The parties will divide the proceeds evenly between them.

D. The party who loaned the most money on the collateral has priority.

E. The party who loaned the least amount on the collateral has priority.

Answer

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