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GEO Appliance Store entered into an security agreement to purchase TVs wholesale from Sable Supply. The TVs are listed as the collateral. A few months
GEO Appliance Store entered into an security agreement to purchase TVs wholesale from Sable Supply. The TVs are listed as the collateral. A few months later Cindy purchased one of the TVs for her home from GEO Appliance store. She was aware of the security agreement but purchased the TV anyhow. After GEO's default, Sable sought to repossess the TV from Cindy. What is the result? Cindy wins if she bought in good faith in the ordinary course of business Cindy wins only if she pays Sable directly Cindy loses because Sable has a priority over her Cindy loses because she was aware of the security agreement
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