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Interest in personal property or fixtures that ensures payment or performance of an obligation |
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Interest in property that may be insured against loss |
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A nonconsensual claim against property |
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Entrusting of goods to a merchant |
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Buyer in ordinary course of business |
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Transfer of possession of goods |
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Transfer of possession without title to buyer for trial period |
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Sale for which buyer has option to return goods to seller |
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Delivery of possession of personal property to an agent for sale |
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Physical movement of the goods |
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When delivery is to be made by moving the goods, title passes at the time and place that the seller completes his performance with reference to delivery |
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Seller is required to tender delivery of the goods at a particular destination |
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