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Real Estate Sales Corporation (RESC)orders Office Equipment from Standard Goods,Inc

Question 41

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Real Estate Sales Corporation (RESC)orders office equipment from Standard Goods,Inc. ,which has an unperfected security interest in the equipment until it is paid for.Meanwhile,RESC takes out a loan from Trend Credit,Inc. ,subject to a security interest in RESC's building and equip?ment,which Trend perfects.RESC files a petition in bankruptcy for relief in a liquidation proceeding.If the petition is granted,in what or?der will RESC's creditors be paid?

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The order of the priority of the credito...

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