Which of the following is true regarding any compensation that Molly is entitled to from the bank because the bank did not timely file notice that it had no interest in her goods?
A) She may recover $100 from the bank.
B) She may recover $200 from the bank.
C) She may recover $500 from the bank.
D) She may recover $1,000 from the bank.
E) She may not recover anything unless she incurred damages; and, in that event, she may recover the amount of her compensatory damages.
Correct Answer:
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