Question

Which of the following is true of the UCC provisions which resolve priorities and claims of secured and unsecured parties?

A. An attached security interest in inventory has priority over a conflicting security interest in the same inventory.

B. Buyers of consumer goods are affected by perfected security interests of which they have no knowledge.

C. Security interests in the seller's inventory prevail over buyers of goods in the ordinary course of business (except farm products).

D. Conflicting security interests rank according to priority in time of filing or perfection.

Answer

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