A Buyer in the Ordinary Course of Business Who Purchases

question 20

Multiple Choice

A buyer in the ordinary course of business who purchases inventory goods from a debtor who had placed a security interest on those goods in favor of a creditor:

• A) is not subject to the security interest.
• B) is not subject to the security interest unless it was perfected.
• C) is not subject to the security interest unless the buyer was aware of it.
• D) is subject to the security interest.

---

Definitions:

Descriptive Norm

Social norms that describe what is typically done in a given context, influencing individuals' behavior by providing information about what is considered normal or typical behavior.

Consistency Motive

The desire to maintain uniformity in one's attitudes, beliefs, and behaviors over time.

Affiliation Goal

An individual's aim to build, maintain, or restore positive relationships with others.

Descriptive Norm

A norm that characterizes the typical behavior of a group, acting as a guide to expected behaviors in specific situations.