Question

Expert Capital Company and Frugal Financial Bank are secured parties with security interests in property owned by Grande Corpora­tion. Between these security interests, the first to be filed or perfected has prior­ity over other filed or per­fected security interests in
a. most circumstances.
b. no circumstances.
c. states that have not adopted Article 9 of the UCC.
d. states that require a security agreement to be signed and dated by the creditor.

Answer

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