A creditor has a secured interest in your artwork and an artist has a lien on your artwork.Who has priority in obtaining the artwork or the proceeds from the sale of the artwork?

Question

Quizplus · Accepted Answer

A)If a secured interest is perfected,generally the creditor with the secured interest
will have priority over the lien creditor.If the secured interest is unperfected,the lien creditor will have priority over the unsecured interest.
B)If a secured interest is perfected,generally the creditor with the secured interest will have priority over the lien creditor.If the secured interest is unperfected,the lien creditor will have priority over the unsecured interest.
C)If a secured interest is perfected,generally the creditor with the secured interest will have priority over the lien creditor.If the secured interest is unperfected,the lien creditor will have priority over the unsecured interest.
D)If a secured interest is perfected,generally the creditor with the secured interest will have priority over the lien creditor.If the secured interest is unperfected,the lien creditor will have priority over the unsecured interest.
E)If a secured interest is perfected,generally the creditor with the secured interest will have priority over the lien creditor.If the secured interest is unperfected,the lien creditor will have priority over the unsecured interest.

A Creditor Has a Secured Interest in Your Artwork and an Artist