Which of the following statements is false?
A) If the proceeds from the sale of the collateral do not pay the underlying debt,the creditor may obtain a deficiency judgment against the debtor.
B) If the proceeds from the sale of the collateral are more than the underlying debt and expenses,the debtor has a right to the excess.
C) Generally,the debtor has a right of redemption as to the collateral.
D) In all cases,the creditor has the right to retain the collateral.
Correct Answer:
Verified
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