"CHAPTER 24 PG 622 Secured Transactions"

#5 "Cooke borrowed money from Haddon and gave as collateral four cases of cham-pagne and a promissory note. When Cooke failed to pay the debt, Haddon obtained a judgment for the outstanding balance. Cooke promptly paid and demanded return of the collateral. But Haddon had consumed part of the cham-pagne. Cooke sued Haddon for the value of the champagne. Who wins and why?"

PLEASE EXPLAIN IN DEPTH

PLEASE PROVIDE REFERENCE