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David Is the Secured Party in a Secured Transaction with James,who

Question 36

Multiple Choice

David is the secured party in a secured transaction with James,who is the debtor.The collateral is James's collection of baseball cards.David is in possession of the baseball cards.David leaves the cards on his kitchen table during a party and a guest spills beer on them and ruins them.David is 


A)  ​liable for breach of duty of reasonable care of collateral. 
B)  ​not liable for anything. 
C)  ​liable for one-third of the value of the baseball cards. 
D)  ​liable for one-half of the value of the baseball cards.

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