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Lyle Buys a Motorcycle from Moto Cycle Corporation and Finances

Question 83

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Lyle buys a motorcycle from Moto Cycle Corporation and finances the purchase through National Credit Company (NCC). Lyle defaults on the loan. NCC takes possession of the motorcycle. NCC's notice to Lyle states that $5,000 is required to redeem the vehicle, which will be sold if it is not redeemed before May 15. The actual redemption amount is $4,000, and the sale is held on May 5. On what ground might Lyle file a successful suit against NCC?

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Lyle's best claim is that NCC's notice v...

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