A buyer of goods who buys without knowledge of a security interest,for value,and primarily for personal,family,or household purposes takes the goods:
A) subject to any purchase money security interest automatically perfected.
B) subject to all security interests in the goods.
C) free of any purchase money security interest automatically perfected.
D) free of a security interest perfected by filing.

Question

Quizplus · Accepted Answer

According to the Uniform Commercial Code, a buyer who purchases goods without knowledge of a security interest and for personal, family, or household purposes takes the goods free of any purchase money security interest that is automatically perfected, which means that the security interest does not need to be filed or otherwise visible to the buyer. However, the buyer would still be subject to any other security interests in the goods that were properly perfected.

A Buyer of Goods Who Buys Without Knowledge of a Security