D is corrent. This is a purchase money security interest in consumer goods because in the security agreement the item purchased would also be the collateral for the credit given and the table is for consumer use.
A is incorrect. The transaction involving the dining room table is a purchase money security interest in consumer goods because in the security agreement the item purchased would also be the collateral for the credit given and the table is for consumer use.
B is incorrect. The security interest that Rampart has is in the department store’s inventory, which is not for consumer use in the hands of the department store.
C is incorrect because the security interest that Rampart has is in the department store’s inventory, which is not for consumer use in the hands of the department store.
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