Question: In August, Shazad borrowed $ 2 0 0 0 0 from the Bank of Nova Scotia in order to finance his pool cleanin business. The

In August, Shazad borrowed $20000 from the Bank of Nova Scotia in order to finance his pool cleanin business. The bank and Shazad entered into a general security agreement under which the bank took security interest in all of the present and future assets of Shazad. Jacqueline is a car mechanic who did some repairs in September on a truck that Shazad uses to carry on his business. The truck is still in her shop in Hamilton, Ontario. Shazad has not paid Jacqueline the $2000 bill she gave him in September f repairs to the truck, and he is in default under his loan agreement with the bank. Which of the followir is TRUE?
Select one:
A. Jacqueline's possessory lien on the truck prevails over the bank's security interest.
B. The bank is entitled to the truck because its security interest was created before any interest that Jacqueline has in the truck.
C. Jacqueline's possessory lien is excluded from the application of the Ontario Personal Property Security Act, so the bank's security interest prevails over her interest.
D. The bank is entitled to the truck because Shazad did not give Jacqueline a security interest in the truck.
 In August, Shazad borrowed $20000 from the Bank of Nova Scotia

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