Examlex
Which one of the following is not a specific component of immunity?
Unperfected
A legal term describing a security interest or lien that has not been properly filed or recorded, and therefore does not have priority over claims made by other creditors.
Financing Statement
A document filed to give public notice of a security interest in personal property, thereby protecting the interests of secured creditors.
Consumer Goods
Products that are purchased for consumption by the average consumer, including items such as food, clothing, and household products.
Buyer in the Ordinary Course of Business
A legal term describing a person who purchases goods in good faith within the usual and customary practices of a particular trade or business.
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