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9. Cutco Lawn Products Manufacturing Company sells one hundred (100) riding lawn mowers to the Harpo Hardware Company, a retailer. Harpo pays for the mowers

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9. Cutco Lawn Products Manufacturing Company sells one hundred (100) riding lawn mowers to the Harpo Hardware Company, a retailer. Harpo pays for the mowers with a $50,000 loan from the Bass Bank. The Bank takes a security interest in the mowers to secure payment of the loan to Harpo and perfects by filing a financing statement with the Secretary of State. Thereafter, Harpo sells one of the mowers to Carl, a consumer, who buys the mower in the ordinary course of Harpo's business. Carl knows that the Bank has a security interest in the mowers. Harpo defaults on its loan payments, and the Bank moves to repossess all the mowers. Can the Bank repossess the mower sold to Carl? A. The Bank may not repossess the mower from Carl because Carl purchased the mower in the ordinary course of the business of Harpo. B. The Bank may repossess the mower because it held a purchase money security interest in Harpo's inventory. C. The Bank may repossess the mower because Carl was aware of the Bank's security interest. D. The Bank may not repossess the mower because it is a consumer product. 9. Cutco Lawn Products Manufacturing Company sells one hundred (100) riding lawn mowers to the Harpo Hardware Company, a retailer. Harpo pays for the mowers with a $50,000 loan from the Bass Bank. The Bank takes a security interest in the mowers to secure payment of the loan to Harpo and perfects by filing a financing statement with the Secretary of State. Thereafter, Harpo sells one of the mowers to Carl, a consumer, who buys the mower in the ordinary course of Harpo's business. Carl knows that the Bank has a security interest in the mowers. Harpo defaults on its loan payments, and the Bank moves to repossess all the mowers. Can the Bank repossess the mower sold to Carl? A. The Bank may not repossess the mower from Carl because Carl purchased the mower in the ordinary course of the business of Harpo. B. The Bank may repossess the mower because it held a purchase money security interest in Harpo's inventory. C. The Bank may repossess the mower because Carl was aware of the Bank's security interest. D. The Bank may not repossess the mower because it is a consumer product

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