Under the UCC,a buyer in the ordinary course of business can take goods free of any security interest created by the seller of the goods unless the security interest is perfected.
Correct Answer:
Verified
Q2: When perfection by possession occurs, the parties
Q3: To become a secured party,the creditor must
Q5: A(n)_ is a transaction in which the
Q6: Which of the following is an interest
Q8: A _ is a person or party
Q12: Perfection of a security interest in a
Q12: Which of the following articles of the
Q13: A security interest may apply to personal
Q33: Which of the following is true regarding
Q37: Which of the following is the agreement
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