True/False
A creditor who sells consumer goods to a consumer on credit has a purchase money security interest in the goods.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: A security agreement may grant a creditor
Q10: If there are conflicting security interests,but neither
Q11: Acorn Marina Inc.sells and services boat motors.On
Q12: Which of the following is not a
Q13: What type of agreement is required in
Q15: Safeco Corporation manufactures toys for distribution to
Q16: Each state specifies by statute where the
Q17: _ refer(s)to the goods used or bought
Q18: As discussed in Giles v.First Virginia Credit
Q19: Carter sold a $20,000 boat to Davis