A Buyer in the Ordinary Course of Business Is

question 35

Multiple Choice

A buyer in the ordinary course of business is:

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

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Definitions:

John Winthrop

A leading figure in founding the Massachusetts Bay Colony, one of the early English settlements in North America, and a key promoter of the concept of a "city upon a hill."

Divine Retribution

The concept of a supernatural force, usually a deity, exacting justice by rewarding the good and punishing the wicked according to moral criteria.

English Settlers

English settlers were individuals or groups from England who migrated to various parts of the world, notably to the Americas during the 17th and 18th centuries, to establish colonies.

Prosperous

Characterized by financial success, wealth, or good fortune, often reflecting a period of economic growth or individual financial health.