also required that some real estate owned by Sabean Corporation be used as collateral for 40% of the loan. The collateral and sure tyship agreements were put in writing and signed by all relevant parties. When the $500,000 loan became due, which of the fol lowing rights does Reuter Bank have?

I. May demand payment of the full amount immediately from the sureties when the corporation de faults on the loan.

II. May demand payment of the full amount immediately from the sureties even if Reuter does not attempt to re cover any amount from the collateral.

III. May attempt to recover up to $200,000 from the collat eral and the remainder from the sureties, even if the re mainder is more than $300,000.

IV. Must first attempt to collect the debt from Sabean Corporation before it can resort to the sureties or the collateral.

A. I and III only.

B. II only.

C. I, II, and III only.

D. IV only.