How to Select Most Recently Updated Row Based on Sequence ID
;WITH x AS
(
  SELECT Person_ID, Person_Seq_ID, Person_Name, Person_Favorite_Color,
    rn = ROW_NUMBER() OVER (PARTITION BY Person_ID ORDER BY Person_Seq_ID DESC)
  FROM dbo.Person -- always use schema prefix
)
SELECT Person_ID, Person_Seq_ID, Person_Name, Person_Favorite_Color
  FROM x WHERE rn = 1
  ORDER BY Person_ID;