Julia owes Ryan $10,000.When the debt comes due,Julia refuses to pay.Ryan obtains a judgment against Julia to collect the debt,but she still refuses to pay.Using a writ of execution,the court orders the sheriff to seize Julia's boat and sell it to pay the debt.The boat sells for $15,000.Ryan will receive
A) $15,000 and Julia will receive nothing.
B) $10,000 and Julia will receive $5,000.
C) $7,500 and Julia will receive $7,500.
D) $10,000 and the court will receive $5,000.
Correct Answer:
Verified
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