BigBank Inc

Multiple Choice

BigBank Inc.is enforcing a security interest against all,or substantially all,of the inventory,accounts receivable,or other assets of a business debtor.What must BigBank Inc.do before enforcing its security?

A) provide the debtor with 10 days' notice of its intention to enforce its security
B) notify the Ombudsman for Banking Services and Investments
C) file a statement of claim for the amount outstanding
D) first attempt to collect the debt by enforcing personal guarantees