Current City (CC)is a retail seller of television sets. CC sells Dhani a $3,000 large-screen,high-definition,LED set on a retail installment security agreement in which he pays $100 down and agrees to pay the balance in equal installments. CC retains a security interest in the set,and perfects that interest by filing a financing statement centrally. Two months later,Dhani is in default on the payments to CC and is involun-tarily petitioned into bankruptcy by other creditors. Discuss CC's right to repossess the TV set and whether CC has priority over the trustee in bankruptcy.

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The Answer of Current City (CC)is a retail seller of television sets. CC sells Dhani a $3,000 large-screen,high-definition,LED set on a retail installment security agreement in which he pays $100 down and agrees to pay the balance in equal installments. CC retains a security interest in the set,and perfects that interest by filing a financing statement centrally. Two months later,Dhani is in default on the payments to CC and is involun-tarily petitioned into bankruptcy by other creditors. Discuss CC's right to repossess the TV set and whether CC has priority over the trustee in bankruptcy.

Current City (CC)is a Retail Seller of Television Sets