True/False
A buyer in the ordinary course of business takes collateral (other than farm products) free of any security interest created by the buyer's seller, even if the security interest is perfected and the buyer knows of its existence.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: The types of indispensable paper include:<br>A) chattel
Q54: Karl loaned Linda $100,000. Madeline agreed to
Q55: If Regency Services, Inc. wishes to protect
Q56: A tangible or electronic record that evidences
Q57: First Bank loaned $100,000 to Central Office
Q59: Assume you are the creditor in each
Q60: According to the UCC, a computer purchased
Q61: The Code's classifications of collateral according to
Q62: A security interest:<br>A) is an interest only
Q63: With the exception of pledges, a security