If a Buyer Purchases Chattel Paper or an Instrument in the Ordinary

Multiple Choice

If a buyer purchases chattel paper or an instrument in the ordinary course of business and he or she is unaware of any security interest in the good,the buyer obtains the good ________.

A) subject to an unperfected security interest
B) subject to a perfected security interest by possession
C) subject to an automatically-perfected security interest
D) subject to an automatically-perfected security interest and a perfected security interest by possession
E) free of any security interest