Business, 21.06.2021 21:40 joyceslater16
Kiosk Jewelers borrows from Lender Inc. and Mortgage Company, using the same collateral. Only Mortgage Company has a perfected security interest. Kiosk defaults on both loans. The party with first rights to the collateral is:
A) Kiosk Jewelers.
B) none of the choices.
C) Lender Inc.
D) Mortgage Company.
Answers: 2
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Kiosk Jewelers borrows from Lender Inc. and Mortgage Company, using the same collateral. Only Mortga...
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