Inventory from def


Kraco is a retailer of televisions and related products. Kraco buys its inventory from DEF, the manufacturer, on credit, giving DEF a security interest in this inventory. Beth buys a television from Kraco, paying cash. Beth also knows of DEF's security interest in this television. Sometime later, Kraco defaults on its debt to DEF, and DEF wants to foreclose on its collateral, including the television purchased by Beth. Does DEF have a security interest in Beth's television? Discuss your reasoning.

Request for Solution File

Ask an Expert for Answer!!
Business Management: Inventory from def
Reference No:- TGS0114143

Expected delivery within 24 Hours