An Appliance Store Sells a Television Set to Adam for $750

question 17

Multiple Choice

An appliance store sells a television set to Adam for $750 on a conditional sales contract,reserving a security interest in the set until Adam has paid for it.The store does not file a financing statement but relies on attachment for perfection.Adam later borrows money from a credit union and gives it a security interest in the television set neither of them perfected the security interest.Adam defaults on his loans and the credit union tries to claim the set.Under these circumstances,_____.

• A) the credit union has a better claim to the set than does the appliance store
• B) the appliance store cannot claim the set as they relied on attachment for perfection
• C) the appliance store has a better claim to the set than the credit union
• D) neither the appliance store nor the credit union can claim the set

---

Definitions:

Presentation

The act of showing and explaining the content of a topic to an audience or learner.

Closing Techniques

Strategies or tactics applied by sales professionals to persuade a customer to make a purchase.

Buyer

An individual or organization that purchases goods or services for personal use, resale, or production.

Purchase

The act of acquiring goods or services in exchange for money, signaling a transfer of ownership.