A buyer who has rightfully rejected or justifiably revoked acceptance of goods that remain in her possession or control has a security interest in these goods to the extent any payment of the price has been made.

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This is true. When a buyer rejects or revokes acceptance of goods that are in their possession, they have a security interest in those goods to the extent that they have already made payment towards the price. This is in accordance with the Uniform Commercial Code (UCC) Section 2-711(1).

A Buyer Who Has Rightfully Rejected or Justifiably Revoked Acceptance