• Debtor is a 3L. She needs a new laptop for personal use and borrows a $2,000 from Kerry to buy it. They have a proper security agreement. Both signed and the collateral description was proper. Debtor gave Kerry SI in laptop. Kerry did not file financing statement.
• Question: Kerry did not have to file a FS because the laptop was a consumer good for personal use?

• After passing the bar Debtor opened a practice. She got a loan from Greedy Bank for cash flow problems. The SA was proper. Both signed and the collateral description was specific. The SA had an after acquired equipment clause. Greedy promptly filed the FS for the laptop. The Debtor granted a SI to the personal laptop.
• Question: Greedy has priority in the laptop because Greedy was the first to file? OR
• Question: Kerry has priority eventhough she did not file because consumer goods do not require filing? Not sure which one.

• Debtor gets a work desk (equipment) from ABC Furniture, who financed it on Jan 2. The desk was delivered to the buyer on Jan 9. ABC had a PMSI in he desk. The SA was signed on Jan 2. ABC filed a FS on Jan 26. Debtor defaulted on loans to Kerry, Greedy, and ABC on Feb 1.
• Question: ABC has priority in the table because they have a PMSI eventhough Greedy had an after-acquired equipment clause and filed first?
• Question: ABC has priorty in the laptop too because they have a table PMSI? OR
• Question: Greedy has priorty in the laptop becasue they filed and Kerry didnot?