Usually the creditor and debtor state in their agreement what events constitute default by the buyer, without being subject to the Uniform Commercial Code (UCC) requirement that the parties act in "good faith" in doing so.
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Q14: The law covering security interests in personal
Q15: A creditor protects her security interest in
Q16: If the collateral is in the possession
Q17: According to Article 9 of the Uniform
Q18: The basic rule established by the Uniform
Q20: A conditional sales contract is an example
Q21: The most common way of perfecting a
Q22: Obtaining a security interest enforceable against third
Q23: A continuation statement can be filed:
A) a
Q24: If the creditor has possession of the
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