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First Bank Loaned $100,000 to Marlin's Store to Purchase Computers

Question 70

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First Bank loaned $100,000 to Marlin's Store to purchase computers for its inventory.Marlin signed a financing agreement,which First Bank duly filed in the appropriate public office.Caroline came into Marlin's Store and purchased a computer that was subject to the security interest held by First Bank.Assuming that Caroline is a buyer in the ordinary course of business,whose interest in the computer has priority?

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Caroline is a buyer in the ordinary cour...

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