A perfected security interest has priority over:
A) only an unperfected security interest.
B) only a lien creditor who acquires a lien after perfection.
C) a previously filed security interest.
D) both an inperfected security interest and a lien creditor who acquires a lien after perfection.

Question

Quizplus · Accepted Answer

A perfected security interest has priority over both an unperfected security interest and a lien creditor who acquires a lien after perfection. Additionally, a previously filed security interest that has not been timely perfected can also be subordinated to a later perfected security interest.

A Perfected Security Interest Has Priority Over