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:

Salesperson

An individual who sells products or services, often directly to customers, using persuasive techniques to achieve sales goals.

Acknowledge

The act of recognizing or admitting the existence, truth, or validity of something.

Assumptive Close

A sales technique where the seller assumes that the buyer has decided to make a purchase and moves forward with finalizing the sale, often by discussing next steps or payment options.

Purchase Decision

The process by which a consumer decides whether to buy a product or service, often influenced by factors such as need, desire, price, and brand loyalty.