Mrs. Lakshmi is remodeling her home kitchen. She has so far purchased a side-by-side Sub-Zero refrigerator-freezer and a Jenn-Air Double Wall convection oven from City Appliance Depot (for which she paid in cash).

She now has her heart set on a professional-grade Wolf range with a hand-hammered copper exhaust hood. Unfortunately she is plum out of cash. Fortunately, since she is such a valued customer, City Appliance Depot is willing to advance her sufficient credit for both the range and the exhaust hood if she will grant them a security interest in all items purchased from their store. Mrs. Lakshmi buys the items and signs a security agreement purporting to give City Appliance Depot a security interest in “debtor's Sub-Zero refrigerator-freezer, Jenn-Air oven, Wolf range, and exhaust hood.” Assume the descriptions in the security agreement are sufficient to satisfy § 9-203(b)(3)(A), and further assume City Appliance Depot has properly perfected its security interest.

Does City Appliance Depot have a valid security interest in Mrs. Lakshmi’s kitchen appliances?

A) Yes

B) No