When the transaction is registered, the creditor's rights include all of the following except
A) contractual remedies upon default.
B) the right to seize the security.
C) the right to resell the security.
D) the right to sue the debtor rather than seize security.
E) the right to order the debtor arrested or detained.

Question

Quizplus · Accepted Answer

The right to order the debtor arrested or detained is not a creditor's right when a transaction is registered. Modern laws do not allow creditors to have debtors arrested or detained for failing to pay a debt, as these practices are considered violations of personal freedoms and rights.

When the Transaction Is Registered, the Creditor's Rights Include All