Question

A-1 Capital Company and First National Bank are secured parties with security interests in property owned by Interstate Commercial Corporation. The first security interest to be filed or perfected has priority over another filed or perfected security interest in
a. all circumstances.
b. states that have not adopted Article 9 of the UCC.
c. states that require a security agreement to be signed and dated by the creditor.
d. no circumstances.

Answer

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