Highway Autos Inc

Multiple Choice

Highway Autos Inc. borrows funds from Investment Company under a security agreement. Later, the borrower buys new vehicles to add to its inventory. The lender has a security interest in the new vehicles if

A) the security agreement included an after-acquired property clause.
B) the lender has not yet filed a financing statement.
C) the borrower bought the new vehicles with the lender's funds.
D) none of the choices.