A ________ creditor is an unsecured creditor whose claims take ...

[Bernana]

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

[amandalm]

Answer to Question 1

A

Answer to Question 2

D

[Bernana]

Excellent

[aruss1303]

Thanks for the timely response, appreciate it