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Author Question: A ________ creditor is an unsecured creditor whose claims take precedence over the claims of other ... (Read 43 times)

Bernana

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A ________ creditor is an unsecured creditor whose claims take precedence over the claims of other creditors.
 
  A) Priority
  B) Secondary
  C) Non-Priority
  D) None of the above

Question 2

A(n) ________ clause gives the creditor the right to repossess the goods if the debtor does not make payments in a timely fashion.
 
  A) Addendum clause
  B) Statutory clause
  C) (PMI) insurance clause
  D) (PMSI) clause



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amandalm

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Answer to Question 1

A

Answer to Question 2

D




Bernana

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Reply 2 on: Aug 3, 2018
Excellent


AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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