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The Bank Should Have Done What to Terminate Its Interest

Question 19

Multiple Choice

The bank should have done what to terminate its interest in any property belonging to Morgan?


A) The bank should have filed a waiver statement within 20 days.
B) The bank should have filed a termination statement within one month.
C) The bank should have filed a stopgap statement by the time Morgan's next payment was due had she not paid off the loan.
D) The bank should have filed a termination statement within 20 days.
E) The bank should have filed a waiver statement within one month.

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