A & B entered into a contract of pledge, where B delivered his car to A as security for the payment of an obligation in the amount of P2M. For failure of B to pay what is the remedy of A?

• A. Appropriate the car as his own as provided for in the contract
• B. Sell the car but must deliver to B the excess.
• C. Sell the car but cannot recover any deficiency despite the agreement.
• D. Sell the car and recover the deficiency because of the agreement in the contract of pledge.