If Michael,ABC Electronics,and XYZ Credit Have a Dispute Regarding Entitlement

Multiple Choice

If Michael,ABC Electronics,and XYZ Credit have a dispute regarding entitlement to the television,who is likely to win and why?

A) XYZ Credit will prevail because although ABC Electronics had a perfected security interest,it did not file a financing statement.
B) ABC Electronics will prevail because,as a seller of consumer goods,it did not need a perfected security interest in order to prevail against other creditors.
C) ABC Electronics will prevail because it had a perfected security interest.
D) XYZ Credit will prevail because it had a perfected security interest in a greater amount of goods than did ABC Electronics.
E) XYZ Credit will prevail because a luxury good was involved and,although ABC Electronics had a perfected security interest,it did not file a financing statement as required within 10 days of the sale.