A Buyer of Goods Who Buys Without Knowledge of a Security

question 16

Multiple Choice

A buyer of goods who buys without knowledge of a security interest,for value,and primarily for personal,family,or household purposes takes the goods:

• A) subject to any purchase money security interest automatically perfected.
• B) subject to all security interests in the goods.
• C) free of any purchase money security interest automatically perfected.
• D) free of a security interest perfected by filing.

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Definitions:

Procrastinators

Individuals who delay or postpone tasks and decisions.

Progress

The forward or onward movement toward a goal or to a more advanced state, often measured by milestones or improvements in performance.

Finish Line

The final goal or end point of a race or an endeavor.

Workaholic

An individual who compulsively works long and hard hours, often to the detriment of personal relationships and health.