Which of the following are rules established by the UCC when determining priority among conflicting claims of creditors?
A) A secured creditor's interest is equal to an unsecured creditor's interest.
B) A perfected security interest has priority over a mere interest in the same collateral.
C) If there are two or more perfected security interest in the same collateral,the last to perfect has priority as it is the most recent interest that has been filed.
D) All of these are correct.
Correct Answer:
Verified
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