Which of the following is(are) a purchase money security interest(s) in consumer goods?

I. A department store purchases light fixtures on credit from Rampart Corporation who has a security interest in these light fixtures. The department store plans on selling this inventory primarily to consumers.
II. A person purchases a dining room table for consumer use from a retail outlet on credit. The outlet has the consumer sign a security agreement and the set is delivered.

A. I only.
B. II only.
C. Both I and II.
D. Neither I nor II.

B. II only.

Business

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