Business, 22.10.2019 19:00 heids17043

Florence borrows $1,500 from fremont, leaving her gold necklace with fremont as collateral. two weeks earlier, florence had borrowed $1,000 from corner bank. florence signed a security agreement and a financing statement giving corner bank a security interest in the same gold necklace. the financing statement is filed in the appropriate location. if florence defaults on both loans, which creditor has the superior rights to the necklace?

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Florence borrows $1,500 from fremont, leaving her gold necklace with fremont as collateral. two week...

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