Section 32: Rights of a buyer or lessee of goods

(1) A buyer or lessee who acquires goods for value and receives possession of the goods shall take the goods free of an unperfected Security Interest.
(2) A buyer of goods sold in the ordinary course of business of the seller and a lessee of goods leased in the ordinary course of business of the lessor shall take the goods free of a Security Interest created by the seller or lessor unless the buyer or lessee knows that the sale or the lease constitutes a breach of the Security Agreement under which the Security Interest was created.