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Maria is the sole proprietor of an antique store that she has operated at the same location o the past 1 e years The store
Maria is the sole proprietor of an antique store that she has operated at the same location o the past e years The store rents the space in which it is located but does own ail of the Y and fixtures. The store has an outstanding loan with the loeal bank bit no other debt obligations There are no specific loan covenants or assets pledged as security for the an Pue to a sudden and unexpected dowaturn in the econony, the store is umable to seerate suttierent finds to pay the loan payments due to the bank. Which of the fullowing options does the bank have to collect the money it is owed?ISell the inventory and use the cash raised to apply to the debt I Sell the store fixtures and use the eash raised to apply to the deht Take fands from Maria's personal aceount at the bank to pay the store's debVSell any assets Maria personally owns and apply the proceeds to the store's tebrAI onlyC.I and Il onlyD I and Ii onlyB. I III, and IV
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