General Rules for Goods

 Classes of goods are mutually exclusive and the principle use (majority) to which the property is put is determinative of what the good is and if no principal use (equal) then it is equipment by default (artwork case)  The determination of what the good is what the purpose for which the debtor intended to use the goods at the time of the creation of the security interest irrespective of any changes later (tractor case)  Secured party has a right to rely on debtor’s representation as long as no obvious indication that they are false  secured party has a duty to keep collateral safe