?If a transaction involves a sale of goods and a security interest in the goods:?

A. ?the seller retains the ownership interest in the goods and if the buyer defaults, the seller can repossess the goods
B. the seller retains an ownership interest in the goods and if the buyer defaults, the seller can repossess the goods and resell them to satisfy the unpaid sales price
C. ?the seller does not retain an ownership interest in the goods but if the buyer defaults, the seller can repossess the goods and resell them and keep the proceeds from the sale
D. the seller does not retain an ownership interest in the goods but if the buyer defaults, the seller can repossess the goods and resell them to satisfy the unpaid sales price


Answer: D

Legal Studies & Paralegal

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