Koffi borrows $5,000 from Modern Financial Corporation (MFC). MFC files a financing statement on May 1, but Koffi does not sign a security agreement until he receives the funds on May 5. He also borrows

$5,000 from Omega Bank, which advances funds, files a financing statement, and signs a security agreement on May 2. He uses the same property as collateral for both loans. On Koffi’s default, in a dispute over the collateral, MFC will

a. lose because Omega perfected first.

b. lose because Omega’s interest attached first.

c. win because it filed first.

d. win because its interest attached first.