Solved

Under the UCC Secured Transaction Article, What Is the Order

Question 81

Multiple Choice

Under the UCC Secured Transaction Article, what is the order of priority for the following security interests?
I. Security interest in an air conditioner sold to a homeowner to replace an existing unit on the home's roof that was perfected by filing on April 15, 2020
II. A mortgage on that same home recorded on January 3, 2015
III. A purchase money security interest on new windows for the home that attached on April 11, 2014 and was perfected by filing on April 20, 2014


A) I, III, II
B) II, I, III
C) III, I, II
D) III, II, I

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents