Ted and Alice own their recreational vehicle subject to a security agreement to Third U. S. Bank to secure the repayment of the purchase money loan. Ted and Alice sell their RV to Bob and Carol, who agree to take over the loan payments to the bank. There is no novation with the bank. Under these facts, if Bob and Carol do not make the loan payments, Third U. S. Bank:
a) Can repossess the RV from Bob and Carol
b) Cannot repossess the RV from Bob and Carol
c) Can hold Ted and Alice liable
d) Cannot hold Ted and Alice liable
