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Floyd Pink borrows $500,000 from Art Finance, signing over a security interest in a painting hanging in the family living room. The painting remains there,

Floyd Pink borrows $500,000 from Art Finance, signing over a security interest in a painting hanging in the family living room. The painting remains there, meaning Art Finance does not perfect by possession. Does Art Finance need to file to perfect?


(A) No, because it has a purchase money security interest. 


(B) No, because it has a purchase money security interest in consumer goods


(C) Yes, because it has no purchase money security interest. 


(D) No, because a valuable painting is a luxury, not consumer goods.

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