Multiple Choice
Use the fact situation in Q2 to answer the related question that follows. In this situation,if B takes back a chattel mortgage on the inventory,title to the inventory
A) remains with A.
B) is immediately transferred to A and retransferred to B.
C) remains with B until A has made the first payment.
D) remains with B until B gives notice to A to transfer title to B.
E) remains with B until A makes the last payment.
Correct Answer:
Verified
Correct Answer:
Verified
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