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

Question

Quizplus · Accepted Answer

The creditor does not have the right to order the debtor to be arrested or detained. This would be a violation of the debtor's constitutional rights and could lead to legal action against the creditor.

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