A Consumer Note Arises When

A consumer note arises when

A) any consumer purchase is made on the basis of a promissory note.
B) the lender of funds to the consumer is not at arm's length with the seller.
C) the purchaser acts as an end-user and not as a purchaser for resale, and the goods are obtained by credit.
D) a debt under a negotiable instrument representing a consumer purchase is assigned to a finance company.
E) None of the responses are correct.