Question
ACo. obtained a loan from the Easy Money Bank, which involved giving Easy Money a secured interest in all its assets including all after-acquired property.Easy
ACo. obtained a loan from the Easy Money Bank, which involved giving Easy Money a secured interest in all its assets including all after-acquired property.Easy Money registered its security interest under the Personal Property Security Act (Ontario).Shortly afterwards, ACo. acquired computer equipment from Hacker's Hut Ltd., which involved giving Hacker's a purchase money security interest (PMSI).Hacker's registered its security interest under the Personal Property Security Act (Ontario).A month later ACo. went bankrupt.Who is entitled to the computer equipment?Explain
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