Question
Creditor financed the purchase of inventory for the debtor in the amount of $50,000. There was a proper security agreement and financing statement. The inventory
Creditor financed the purchase of inventory for the debtor in the amount of $50,000. There was a proper security agreement and financing statement. The inventory was delivered to the debtor on July 31, 2020. The financing statement was file in the proper place on September 15, 2020.
Is this preferential treatment or not? Please explain.
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Essentials Of Health Policy And Law
Authors: Sara E. Wilensky, Joel B. Teitelbaum
5th Edition
1284247457, 978-1284247459
