Generally,if two creditors have perfected security interests in the same collateral,only one of which is a purchase money security interest,which has the superior right (priority),assuming all notice is properly given within the appropriate time periods?

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Under the Uniform Commercial Code (UCC), a purchase money security interest (PMSI) in collateral, such as equipment or inventory, has a superior right over existing security interests if certain conditions are met. If the PMSI creditor gives proper notice of its security interest within the required time period, it will take priority over the existing security interest. Therefore, in this scenario, the PMSI creditor would have the superior right as long as they properly perfected their security interest and gave notice within the required time period.

Generally,if Two Creditors Have Perfected Security Interests in the Same