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Author Question: Execution of a lien requires suit. Indicate whether the statement is true or ... (Read 95 times)

BRWH

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on: Jun 24, 2018
Execution of a lien requires suit.
  Indicate whether the statement is true or false

Question 2

If a breach of the peace might occur:
 A) self-help repossession is the only option available to obtain the collateral.
 B) the creditor must use court action to obtain the collateral.
 C) the creditor is barred from repossessing the collateral.
 D) the collateral reverts to the debtor.


stillxalice

  • Sr. Member
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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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