Question: these two please Rachel has a perfected security interest in Bertha's household appliances and electronics, including his stereo receiver and Blu-ray player. Alexander, who knows
these two please
Rachel has a perfected security interest in Bertha's household appliances and electronics, including his stereo receiver and Blu-ray player. Alexander, who knows that Bertha's appliances and electronics are subject to security interests, buys the receiver and Blu-ray player from Bertha for $500, and puts them in his living room. If Bertha defaults on his debt to Rachel, will she be able to repossess the components from Alexander? Yes, because Alexander was purchasing the goods for personal use rather than consumer use. No, because Alexander is a buyer in the ordinary course of business. No, because Alexander is a bona fide purchaser of consumer goods. Yes, because Alexander was aware of existing security interests. Question 15 (1 point) APMSI in consumer goods is automatically perfected upon attachment, and the perfection is valid for years. No limit
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