Good morning, I have an assignment ( course Business law)

1.Bob owns a boat supply store in Grosse Point. In March Bob borrows $1million from Mafia Bank to purchase Governor Snyder's yacht. Mafia Bank takes a Security Interest in the yacht but does not perfect. In May, Bob borrows money from Premier Bank to purchase inventory. Premier takes a security interest in all inventory and files a financing statement. In June, Mafia Bank files a financing statement. If Bob defaults on all his loans, who wins?

2.Bob owns a boat supply store in Grosse Point. In March Bob borrows $1million from his brother-in-law Guido to purchase Governor Snyder's yacht. Guido takes a Security Interest in the yacht and files a finance statement. In May, Bob borrows money from Premier Bank to purchase inventory. Premier takes a security interest in the inventory but does not file a finance statement. If Bob defaults on all his loans, who wins?

3.Bob owns a boat supply store in Grosse Point. In March Bob borrows $1million from his brother-in-law Guido to purchase Governor Snyder's yacht and signs a security agreement allowing Guido to repossess the boat if Bob doesn't pay. In May, Bob borrows money from Premier Bank to purchase inventory. Bob signs a security agreement allowing Premier to repossess the unsold inventory if Bob doesn't pay. Neither Guido nor Premier Bank file a financing statement. If Bob defaults on all his loans, who gets the yacht?

4.Jan opens a clothing store that specializes in pajamas called Jan's Jams. She borrows money from Premier Bank to buy her inventory from a factory in China. Premier takes a security interest in all of Jan's inventory. Jillian, a customer, purchase a pair of pajamas from Jan. If Jan does not pay Premier, can the bank repossess the pajamas? Explain.

5.On March 1, Bank extends a line of credit to Farmer. Farmer grants Bank a security interest in all "equipment and farm products, now owned or hereafter acquired." Bank properly files a financing statement on March 10, with the financing statement containing after-acquired language.

On October 1, Farmer approaches FinanceCo to request a loan for the purchase of a combine. FinanceCo agrees to make the loan and disburses the funds for the purchase directly to the equipment dealer. Farmer signs a security agreement granting FinanceCo a security interest in the combine.

Farmer takes delivery of the combine on November 1.

On November 26, FinanceCo properly files a financing statement describing the combine by brand, model, and serial number. Farmer subsequently defaults on his obligations to Bank and FinanceCo. Who has priority in the combine?

6.Assume similar facts as above, but that instead of filing a financing statement on November 26 Finance Co files its financing statement on November 16. Who has priority in this situation?

7.ABC Pty Ltd grants an all-assets floating lien to Bancorp Pty Ltd who duly registers this security interest. At a subsequent time, ABC Pty Ltd receives a supply of new inventory from Supply-2 -U Pty Ltd who immediately files a UCC Finance Statement and notifies Bankcorp of the incoming inventory. ABC Pty Ltd. subsequently becomes insolvent. Who has the claim to the new inventory?

8.Sandford goes to Sears to purchase a new refrigerator. Sears agrees to sell the refrigerator on credit, so long as the refrigerator is collateral for the loan. Sanford is then sued by Larry who wins and acquires a Writ of Execution over all of Sandford's appliances. Who has the claim to the refrigerator?

9.Would the same results be reached if Sandford had borrowed the money from First Bank to finance the refrigerator? Explain.

10 Dan Debtor buys factory equipment from Merchant Seller on credit, giving as security an interest in all of his equipmentboth what he is buying and what he already owns. The security agreement with Merchant contains a clause that gives Merchant an interest in any property Dan later purchases. Six months later, Dan pays cash to a Second-Merchant Seller of factory equipment for additional equipment. Six months after that, Dan goes out of business without having paid off his debt to Merchant Seller. First Merchant Seller has a security interest in all of Dan's equipment, even the equipment bought from the other seller. This is a ___________

THANK YOU SO MUCH FOR HELPING ME .