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Gert's Horse Farm Owes Money to High Sierra Saddle

Question 41

Multiple Choice

Gert's Horse Farm owes money to High Sierra Saddle & Tack,which has a security interest in Gert's gear.Gert's files for bankruptcy on May 1.To collect on the debt,High tries to take possession of the gear on May 5.High can obtain


A) any of Gert's assets.
B) any of Gert's exempt assets.
C) Gert's gear only.
D) none of Gert's assets due to the automatic stay.

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