Which of the Following Statements About a Buyer in Ordinary

question 38

Multiple Choice

Which of the following statements about a buyer in ordinary course of business (BIOC) is true?

• A)The BIOC takes the goods and is liable for the attached security interest provided it has been perfected.
• B)The BIOC takes the goods and is liable for the security interest if the goods are consumer goods.
• C)The BIOC takes the goods free of a security interest even though the security interest is perfected.
• D)None of the above is true.