Match the following terms with their definitions: ___ A. Attachment ___ B. BIOC ___ C. Perfection ___

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Match the following terms with their definitions:
___ A. Attachment
___ B. BIOC
___ C. Perfection
___ D. PMSI
___ E. Priority
1. Someone who buys goods in good faith from a seller who deals in such goods
2. Steps necessary to make a security interest valid against the whole world
3. A security interest taken by the person who sells the collateral or advances money so the debtor can buy it
4. The order in which creditors will be permitted to seize the property of a bankrupt debtor
5. Steps necessary to make a security interest valid against the debtor, but not against third parties

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Introduction To Business Law

ISBN: 9780324826999

3rd Edition

Authors: Jeff Rey F. Beatty, Susan S. Samuelson

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