Buyer purchases a new smartphone for her personal enjoyment from Electronics Dealer. Without the knowledge of Buyer, Dealer has financed the purchase of all its inventory through Bux Finance Co. It also has given Bux a security interest in the inventory that Bux perfected by filing. On these facts,

Question 19 options:

	D) Buyer takes the smartphone free of any unperfected security interests but subject to any perfected ones.
	C) Bux loses its security interest because the smartphone is a consumer good.
	A) Bux loses its security interest because Buyer was a buyer in the ordinary course of business.
	B) Bux may repossess the collateral if Dealer defaults.