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A Lessee in Possession of a Leased Piece of Equipment

Question 42

Multiple Choice

A lessee in possession of a leased piece of equipment fails to make payments on the equipment as required.What remedy does UCC 2A-5252) provide to the lessor?


A) The right to reclaim the goods
B) The right to sue the lessee.
C) The right to put a lien on the lessee.
D) The right to bring a tort action
E) No remedy is provided.

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