A Buyer in the Ordinary Course of Business

question 29

Multiple Choice

A buyer in the ordinary course of business:

• A)is subject to the security interest created by his seller.
• B)takes free from the security interest created by the secured party.
• C)takes free from the security interest created by his seller.
• D)is subject to the security interest created by the secured party.

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Definitions:

Ethologists

Scientists who study animal behavior in natural environments, focusing on instinctive or innate behaviors.

Intervening Variable

A variable that mediates the relationship between a dependent variable and an independent variable.

Hypothesis

A suggested rationale for an occurrence, offered as an initial basis for more detailed exploration.

Theory

An abstract set of ideas or principles that explains phenomena or aspects of the natural or social world.