How does a consumer goods transaction differ for buyers?

In a consumer goods transaction, the distinction for buyers primarily lies in the protection they receive when they purchase items in good faith. If buyers acquire consumer goods without knowledge of any prior security interests and do so in good faith, the law often allows them to take those goods free from the existing security interests. This principle is designed to protect consumers and promote confidence in transactions, as it enables them to make purchases without fear of claims from secured parties, as long as they were unaware of any competing interests.

The other options do not accurately reflect how consumer goods transactions operate. Notably, while consumers might sometimes be aware of prior security interests, this is not universally true or a requirement for transactions involving consumer goods. Moreover, buyers are not required to file a financing statement to protect their interests in these types of transactions, as this is more relevant to secured parties rather than ordinary consumers. Lastly, the idea that a buyer always pays more for consumer goods does not accurately reflect market dynamics, as prices can vary widely based on numerous factors, including the seller and the condition of the goods. Thus, option B correctly encapsulates the significant legal protection afforded to buyers in consumer goods transactions.