If the debtor is in default and the secured party wants to repossess the collateral in order to sell it, he must get a court order to do so
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Which of the following marketing strategies requires either identifying additional opportunities to use the brand in the same basic way or identifying completely new and different ways to use the brand?
A) increasing the amount of consumption B) decreasing the level of consumption C) increasing dedication to consumption D) increasing product innovation E) increasing frequency of consumption
The product's purchase cost plus the discounted cost of maintenance and repair less the discounted salvage value gives the ________
A) service warranty cost B) out-of-pocket cost C) life-cycle cost D) facilitating services cost E) value-augmentation cost
Under an operating lease, each monthly payment is debited by the lessee to Rent Expense
Indicate whether the statement is true or false
In Chapter 17's opening scenario on the 2015 Germanwings crash, the key lesson was that ________
A) no individual or organization is immune from a crisis B) social media can be used as a weapon against passengers C) smart organizations engage in issues management D) more stringent screening policies should have been in place