Burn Manufacturing borrowed $$500,000$ from Howard Finance Co$.,$ secured by Burn's current and future inventory, accounts receivable, and its proceeds. Burn's representative authenticated a sufficient security agreement that described the collateral. Then security agreement was filed in the appropriate state office. Burn subsequently defaulted on the repayment of the loan, and Howard attempted to enforce its security interest. Burn contended that Howard's security interest was unenforceable. In addition, Green, who subsequently gave credit to Burn without knowledge of Howard's security interest and filed a financing statement but did not have a purchase money security interest $($PMSI$)$ in inventory, is also attempting to defeat Howard's alleged security interest. The security interest in question is valid with respect to

Question $20$ options:

Both Burn and Green

Neither Burn nor Green

Burn but not Green

Green but not Burn