Quotient Financial Corporation is a secured party with a security inter-est in property owned by Retail Sales Company.Perfection of this secu-rity in-ter-est may not protect Quotient Financial against the claim of
A)a bank.
B)buyer in the ordinary course of business.
C)a subsequent lien creditor.
D)a trustee in bankruptcy.

Question

Quizplus · Accepted Answer

A buyer in the ordinary course of business generally takes goods free of a security interest created by the seller, even if the security interest is perfected.

Quotient Financial Corporation Is a Secured Party with a Security