Question:
Consignor vs perfected
Author: Parker KirkpatrickAnswer:
O Consignor is viewed as being a PMSI in inventory so just have to follow those steps o PMSI wins if Perfected at time debtor gets inventory Creditor sends authenticated notice to the other creditors stating they are or have taken a security interest in the goods and this must be repeated every 5 years to maintain priority
0 / 5 (0 ratings)
1 answer(s) in total