Business, 17.03.2020 05:21 lovedebrap11ih4

At her neighbor's garage sale, Constance buys a vanity dressing table from her neighbor, Carlos, for $160. Constance purchased the vanity table for her own personal use, without any knowledge that Carlos has signed a security agreement giving All Purpose Furniture Inc. a security interest in the vanity table. All Purpose Furniture did not file a financing statement. Constance does not know that Carlos is still paying off the purchase money security interest and owes All Purpose Furniture, Inc. $400. Under these circumstances:
Constance takes the vanity table free of All Purpose's security interest because she is a buyer of consumer goods.

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At her neighbor's garage sale, Constance buys a vanity dressing table from her neighbor, Carlos, for...

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