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After making loan and signing a security agreement with Rip Van Sales, Carefree Bank files a financing statement covering named collateral, equipment and inventory. Carefree

After making loan and signing a security agreement with Rip Van Sales, Carefree Bank files a financing statement covering named collateral, equipment and inventory. Carefree Bank does not pay attention to the matter until six years later, when Rip Van Sales files bankruptcy. Will Carefree Bank retain its rights to the collateral? 


(A) Yes. It perfected by filing. 


(B) No. Its financing statement expired. 


(C) Yes. Its financing statement expired, but no one has shown reliance on the lack of renewal. 


(D) Yes. The financing statement is irrelevant in bankruptcy

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