Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Which of the following is correct regarding priority in a dispute involving a purchase-money security interest in business goods other than inventory?

a) The purchase-money security interest has priority over any other secured perfected interests if the purchase-money security interest is perfected within 20 days of the debtor's possession of the collateral.

b) The purchase-money security interest has priority over any other secured perfected interests if the purchase-money security interest is perfected within 30 days of the debtor's possession of the collateral.

c) The purchase-money security interest has priority over any other secured perfected interests if the purchase-money security interest is perfected within 40 days of the debtor's possession of the collateral.

d) The purchase-money security interest has priority over any other secured perfected interests if the purchase-money security interest is perfected within 45 days of the debtor's possession of the collateral.

e) The purchase-money security interest has priority over any other secured perfected interests if the purchase-money security interest is perfected within 60 days of the debtor's possession of the collateral.