Eagle Capital Company and First National Bank are secured parties with security interests in property owned by Great Commercial Corpora?tion.Between these security interests,the first to be filed or perfected has prior?ity over other filed or per?fected security interests in

Question

Quizplus · Accepted Answer

Under the general rule of priority in Article 9 of the UCC, the first to file or perfect a security interest has priority over later-filed or perfected security interests in most circumstances, unless there is a subordination agreement or a super-priority rule applies.

Eagle Capital Company and First National Bank Are Secured Parties