First Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company.Perfection of this security in?ter?est may not protect First Financial against the claim of
A)a bank.
B)a 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.

First Financial Corporation Is a Secured Party with a Security