Multiple Choice
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
Correct Answer:
Verified
Q20: Which of the following corresponds to the
Q21: Which section of the UCC governs the
Q22: Which of the following is true about
Q23: Which of the following is not a
Q24: Where the creditor has possession of the
Q26: The two-step process for obtaining an enforceable security
Q27: Which of the following statements about a
Q28: Under the UCC,for a security interest to
Q29: A buyer in the ordinary course of
Q30: An example of chattel paper is a:<br>A)dock