On June 15, Harper purchased equipment for $100,000 from Imperial Corp. and signedfor the goods as President of the company. He also signed his name below the line as an individual.The goods were to beused in its manufacturing process. Harper paid for the equipment with funds borrowed from Eastern Bank.Harper gave Eastern an authenticated security agreement covering Harper'sexisting and after-acquired equipment.One June 21, Harper was petitioned involuntarily into bankruptcy.A bankruptcy trustee was appointed.On June 23, Eastern duly filed a sufficient financing statement .

Which of the parties will have a superior security interest in the equipment and why?

Can Harper be held liable personally for the goods?