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If Favi Sells the Truck,what Is First Bank's Best Option

Question 86

Multiple Choice

If Favi sells the truck,what is First Bank's best option?


A) File a financing statement within 90 days after the debtor receives the proceeds of the sale of the truck.
B) File a financing statement within 10 days after the debtor receives the proceeds of the sale of the truck.
C) Seek repossession of the truck.
D) File a financing statement within 30 days after the debtor receives the proceeds of the sale of the truck.
E) File a financing statement within 60 days after the debtor receives the proceeds of the sale of the truck.

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