Who is entitled to the insurance proceeds

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Reference no: EM131389742

Finley Motor Company sells an automobile to Sara and retains a security interest in it. The automobile is insured, and Finley is named beneficiary.

Three days after the automobile is totally destroyed in an accident, Sara files a petition in bankruptcy. As between Finley and Sara's trustee in bankruptcy, who is entitled to the insurance proceeds?

Reference no: EM131389742

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