Dan, Sam, Ken, and Alan are claimants to a collateral interest. Sam and Dan secure their interests. Alan takes physical possession of the collateral. Ken files a financing statement some time later. Who among the four will have highest priority of claim to the collateral? Explain your answer. A- B I : C U S X2 x2 I # Mary borrows $15,000 from Bobby, in the form of a check, and signs a promissory note, promising to pay Bobby this amount plus 10 percent interest in one year. Bobby indorses the note and negotiates it to Dean. Dean indorses the note and negotiates it to Sam. Sam presents the note to Mary for payment when the note is due. Mary refuses to pay the note. Who is secondarily liable to pay Sam? Select one: O A. Bobby O B. The bank that issued the check to Bobby O C. Mary O D. Dean Dan, Sam, Ken, and Alan are claimants to a collateral interest. Sam and Dan secure their interests. Alan takes physical possession of the collateral. Ken files a financing statement some time later. Who among the four will have highest priority of claim to the collateral? Explain your answer. A- B I : C U S X2 x2 I # Mary borrows $15,000 from Bobby, in the form of a check, and signs a promissory note, promising to pay Bobby this amount plus 10 percent interest in one year. Bobby indorses the note and negotiates it to Dean. Dean indorses the note and negotiates it to Sam. Sam presents the note to Mary for payment when the note is due. Mary refuses to pay the note. Who is secondarily liable to pay Sam? Select one: O A. Bobby O B. The bank that issued the check to Bobby O C. Mary O D. Dean