A buyer in the ordinary course of business has priority even if a previously perfected security interest exists as to the goods.

The last security interest to be perfected is the first in priority over any other perfected security interests.​

A farmer cannot be forced into involuntary bankruptcy.

An order for relief in a bankruptcy proceeding amounts to a discharge of the debts of the party petitioning for bankruptcy protection.

There is no limit to the amount that can be taken from a debtor’s weekly take-home pay through garnishment.

A surety is primarily liable for the debt of a principal.

Fruit of the Plant, Inc., agrees to sell a certain quantity of a high-quality grain seed to Grange Co-op. Fruit of the Plant can obtain only half of the quantity ordered, so the seller also ships a lesser quality seed in twice the amount of the remainder of the order for the same price. Grange Co-op rejects the lesser quality seed. With time for performance not yet expired, Fruit of the Plant can

The first security interest to be perfected is the last in priority over any other perfected security interests.​

Lenders Loan Company and Mortgage Service Corporation—Nadya’s creditors—contract with Nadya for the discharge of her liquidated debts on payment of a lesser sum. This is​

A trustee has the power to avoid a sale of the debtor’s property.