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Business, 31.07.2021 03:20 bryanmcmillianjr

Ace Appliance store has granted a security interest in its inventory to the Mainland Bank, the creditor. The Bank perfected the security interest on July 1. Ace sold an item from the inventory to Linda on August 13 who took the item in good faith without knowledge of a claim or defense, for value and in the ordinary course of business. Ace later defaults. What is the result with respect to the collateral

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Ace Appliance store has granted a security interest in its inventory to the Mainland Bank, the credi...
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