Pregunta:
After Acquired Clause
Autor: Parker KirkpatrickRespuesta:
Provides that you get goods acquired after the security agreement that are in the same category listed or the goods are rapidly exchanged (inventory) some courts grant you it o Can also get the proceeds if your after acquired item is sold but the creditor must be able to identify them If the proceeds are comingled with other funds cannot reasonably identify but law tells us that you can get the lowest intermediate value • Look at balance when the goods went into the account and then look at balance now and you get the lowest value that the account was at in between the dates Cannot get consumer goods acquired more than 10 days after the secured parry gives value
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