A buyer in the ordinary course of business has priority even if a previously perfected security interest exists as to the goods. Group of answer choices True/false?

A security interest is enforceable only if the debtor has rights in the collateral. T/F?

A floating lien cannot apply to the proceeds of the sale of after-acquired property. T/F?

Proceeds are whatever is received when collateral is sold. T/F?

The payment of Janitorial Services debt to Business Finance, Inc., is guaranteed by the services personal property. Business Finance is

Group of answer choices

a debtor.

an unsecured creditor.

a security interest.

a secured party.