Fast Feet,a manufacturer of running shoes,gave Rick's Running,merchandise for their store on credit.Rick's is required to sign an agreement that describes the merchandise as collateral and the Rick's will pay Fast Feet weekly based on the sales of the shoes.Fast Feet files a statement of notice with the appropriate government agency.Fast Feet's shoes are not selling fast enough to pay their debts and continue their operations.They are now insolvent.What options does Fast Feet have?

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The Answer of Fast Feet,a manufacturer of running shoes,gave Rick's Running,merchandise for their store on credit.Rick's is required to sign an agreement that describes the merchandise as collateral and the Rick's will pay Fast Feet weekly based on the sales of the shoes.Fast Feet files a statement of notice with the appropriate government agency.Fast Feet's shoes are not selling fast enough to pay their debts and continue their operations.They are now insolvent.What options does Fast Feet have?

Fast Feet,a Manufacturer of Running Shoes,gave Rick's Running,merchandise for Their