A bank lends money to a boutique and takes a security interest in "all inventory, now owned or hereafter acquired." The boutique later buys new dresses. Does the bank's security interest attach to the new dresses?
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A
Yes, because an after-acquired property clause is effective for inventory
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B
No, because a security interest can only attach to collateral existing at the time of the agreement
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C
No, because after-acquired property clauses violate Article 9
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D
Yes, but only if the bank files a new financing statement for each shipment