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A Secured Creditor Under a Chattel Mortgage Has

Question 9

Multiple Choice

A secured creditor under a chattel mortgage has


A) a right to bring either sale or foreclosure proceedings on default, at its option.
B) a right to sue for deficiency after foreclosure.
C) a right to assign the mortgage, but only on the consent of the debtor.
D) the title and the obligation to insure the goods.
E) All of the responses are correct.

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