With regard to a prior perfected security interest in goods for which a financing statement has been filed, which parties is most likely to have a superior interest in the same collateral?

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25-08-2020
Business

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With regard to a prior perfected security interest in goods for which a financing statement has been filed, which parties is most likely to have a superior interest in the same collateral?

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ayfat23 ayfat23 · Answer 1 · 2020-08-26T02:21:04+02:00

Answer:

A buyer in the ordinary course of business who purchased the goods from a merchant

Explanation:

In finance, perfected security interest is an interest in a property that prevents other party from having claims on it legally.

It should be noted that With regard to a prior perfected security interest in goods for which a financing statement has been filed, the parties is most likely to have a superior interest in the same collateral is buyer in the ordinary course of business who purchased the goods from a merchant.