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.
Correct Answer:

Verified
Correct Answer:
Verified
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