Which of the following options may be available to a lessee against whom an acceleration clause in a lease has been triggered?
A) The validity of the clause may be challenged in court on the basis of non est factum
B) The validity of the clause may be challenged on the basis that it is inequitable
C) The validity of the clause may be challenged on the basis that it is a penalty
D) The validity of the clause may be challenged in court on the basis of mistake
E) The validity of the clause cannot be challenged.
Correct Answer:
Verified
Q43: Tommy Thompson has a small mail order
Q44: Which of the following is an example
Q45: Collateral is:
A)any property of a debtor
B)property pledged
Q46: Tina Sommers borrows $10,000 from Freddy Gomez
Q47: Which of the following statement(s)is/are TRUE?
A)Collateral is
Q49: What must a creditor, who has taken
Q50: Which of the following is NOT an
Q51: Delores Del Rio bought a packing machine
Q52: On February 1, Futuristic Electronics sells and
Q53: A business arrangement in which the seller
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents