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Which of the Following Obligations Is Not One That a Credit

Question 22

Multiple Choice

Which of the following obligations is not one that a credit provider must generally comply with if it wishes to enforce a credit contract?


A) To serve a default notice on the debtor.
B) To obtain a court order before repossessing mortgaged goods.
C) To serve appropriate notices after taking possession of goods or selling them.
D) To offer to vary the interest rate and charges to make them more manageable for the debtor.

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