Generally,a buyer in the ordinary course of business can take property free from any security interest.Which of the following buyers is an exception?
A) A person who is a consumer of durable goods
B) A person buying inventories from a wholesaler
C) A person buying farm products from a farmer
D) A person who is a consumer of perishable goods
Correct Answer:
Verified
Q39: A _ serves as constructive notice to
Q40: According to the Code classifications of collateral,investment
Q41: A buyer in the ordinary course of
Q42: Which of the following statements is true
Q43: Which of the following corresponds to the
Q45: Mark filed a financing statement on Daniel's
Q46: A perfected purchase money security interest in
Q47: With regard to a prior perfected security
Q48: Which section of the UCC defines what
Q49: In which of the following cases will
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents