If repossessed collateral is sold or otherwise disposed of by the creditor,the time,place,manner,and method of disposal must be:
A) commercially reasonable.
B) scheduled with the debtor so that the debtor is able to attend.
C) court ordered.
D) perfected.
Correct Answer:
Verified
Q21: Great State Bank took a security interest
Q22: Country Bank,located in Indiana,loaned Chmelik $5,000 and
Q24: Wedney,Inc.sold a meat processing machine to Yoro
Q25: Wombart Manufacturing sells a machine on credit
Q27: Which of the following is correct concerning
Q31: At her neighbor's garage sale,Constance buys a
Q31: Which of the following may not be
Q34: Byron bought a 50' yacht from Myrtle's
Q35: A security interest in money may be
Q37: Florence borrows $1,500 from Fremont,leaving her gold
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