A purchase-money security interest in a business's inventory is perfected automatically at the time of a credit sale.

Name: A purchase-money security interest in a business's inventory is perfected automatically at the time of a credit sale.
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A purchase-money security interest in inventory must be perfected by filing a financing statement before the debtor receives possession of the inventory, not automatically at the time of a credit sale.

A Purchase-Money Security Interest in a Business's Inventory Is Perfected