Multiple Choice
What should the bank have done to terminate its interest in any property of Molly?
A) The bank should have filed a termination statement within 20 days.
B) The bank should have filed a termination statement within one month.
C) The bank should have filed a waiver statement within 20 days.
D) The bank should have filed a waiver statement within one month.
E) The bank should have filed a stopgap statement by the time Molly's next payment was due had she not paid off the loan.
Correct Answer:

Verified
Correct Answer:
Verified
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