help me 5 questions

After an extended hospital stay, Jayla Is drowning in debt. Jayla decides to file for bankruptcy, because she sees no other way out. Jayla owes $50,000 to Mercy Hospital, $3,000 to Car Mart for her automobile, and $8,000 to VISA. She is behind on payments to every single one of them! When Jayla's bankruptcy is concluded: Car Mart and Mercy Hospital will be paid first because they are secured creditors. Mercy Hospital and VISA will be paid first because they are secured creditors. Car Mart will be paid first because it is a secured creditor, Car Mart and VISA will be paid first because they are secured creditors. e a Tengerator from Howard Appliances for $800 for use in her home. Myra pays $200 down and signs an installment sales contract with Howard Appliances to finance the $600 balance. The installment sales contract provides that Myra will pay $50 per month until the $600 balance, plus five percent Interest, is paid in full. To perfect its security interest in the $600, Howard must: file a financing statement with the appropriate government office, do nothing file the installment sales contract with the secretary of state. file the installment sales contract with the county clerk, Adelle is nineteen years old and about to buy her first car from Car Mart, a dealership that finances its own car loans. Adelie has found her perfect car, and at a great price - 57,000. Because Adelle does not have an established credit record, and her income is fairly low, Car Mart tells Adelie that she must have a co-signer to finance the car. Adelie's Aunt Gertrude agrees to co-sign on the car loan. After Adelie has made payments for six months, Adelie renegotiates the terms of the car loan, extending the payments for an additional twenty-four months, Adelie does not notify Aunt Gertrude of this change to the agreement. Six months later, Adelie stops making payments on the loan, leaving a remaining balance of $5,000. If Car Mart seeks payment from Aunt Gertrude without demanding payment from Adelie first: Aunt Gertrude will not have to pay because there was a material modification in the loan terms Aunt Gertrude will have to pay because she is a surety on the loan, Aunt Gertrude will have to pay because she is a guarantor on the loan Aunt Gertrude will not have to pay because Car Mart must pursue Adelie for payment first Wyatt needs $2,000 to go on vacation. After trying unsuccessfully to come up with a plan to obtain the money, Wyatt comes up with the perfect plan: Wyatt offers to have his mother's jewelry collection cleaned for her, but instead, he takes the jewelry to Perfect Pawn Shop and pledges hi- mother's jewelry collection as collateral for a loan of $2,000. The jewelry is worth $10,000, so Perfect Pawn Shop agrees to the deal, gives Wyatt $2,000, and keeps the jewelry. Does Perfect Pawn Shop have a security interest in the jewelry? Yes, because the jewelry is worth much more than $2,000. Yes, because Perfect Pawn Shop gave value for the jewelry and has possession of the jewelry No, because Wyatt does not own the jewelry, No, because no financing agreement was filed. Aubrey has been accepted into medical school, a most expensive undertaking. Aubrey has student loans and grants that pay part of the expense, but not all; she still needs $5,000. Aubrey asks her family friend, Clara, if Aubrey can borrow $5,000 and offers to pledge her mother's diamond necklace to ensure she repays the loan, Clara agrees and gives Aubrey $5,000. Aubrey insists that Clara take the diamond necklace and keep it until Aubrey repays all of the $5,000. To make sure that Clara's security interest is perfected, Clara needs to: file a written financing statement listing the necklace as collateral file a written security agreement listing the necklace as collateral. do nothing because she has possession of the necklace file a written security agreement and financing statement, listing the necklace as collateral on both