A car buyer in the ordinary course of business will take free and clear of a security interest created by any person who owned the automobile prior to the dealer.
Correct Answer:
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Q21: A creditor will have to exhaust all
Q28: A primary reason for requiring a surety
Q28: The creditor's rights against the principal debtor
Q29: If conflicting security interests and agricultural liens
Q32: In states which have adopted certificate of
Q34: The principal debtor's lack of capacity due
Q35: A security interest in electronic chattel paper
Q36: Payment of the debt or performance of
Q37: The Code's classifications of collateral according to
Q38: A surety may set off his claims
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